08/15/2026
How Business Valuation Works in a Maryland Divorce - Kamkari Law's Divorce Lawyer for Business Owners
A quick summation of the law by Our Divorce Lawyer for Business Owners: In Maryland, a privately owned business is generally treated as marital property or partially marital property if it was acquired or grew in value during the marriage. However, the “personal goodwill” of the owner — the value tied to the owner’s own reputation, relationships, and skill — is non-marital property and is not divided in divorce. Courts also apply discounts for lack of marketability and lack of control when the owner holds less than 100% of the business. Together, these factors often mean a business is worth significantly less for divorce purposes than it would sell for on the open market.
Our divorce lawyers for business owners are experienced in representing clients in family law cases involving privately owned businesses in Montgomery County, Maryland — from medical and dental practices to professional service firms, and consulting practices to contracting companies, retail operations, and closely held family businesses. We have handled valuations and appraisals of privately owned businesses both in divorce proceedings and in the marketplace setting for buying and selling companies.
Learn more by clicking the link in comments below👇