06/03/2026
Your spouse is a freelance consultant, therapist, or contractor. No storefront. No employees. Just their laptop and expertise.
So in the divorce, is that "business" worth $0 or $500,000?
The answer could cost you big.
Minnesota courts look at:
1. Goodwill: Can the business survive without them, or ARE they the business?
2. Income potential: What they've earned + what they COULD earn
3. Market value: Would anyone actually buy this business?
Here's the kicker: Your ex might argue "I'm just an employee of my own company" to lowball the value. Meanwhile, their LLC pulled in $300k last year.
Don't get played. A qualified business valuator costs $3,500. Fighting about valuation in court? That'll run you $50,000+.