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Keystone Business Valuations can provide clients with a full suite of services. 

In the context of a divorce we can prepare a business valuation report, a guideline income assessment report for spousal support & child support obligations, and other related services. 

We are also trained in the Collaborative divorce process.

Business Valuation for a Divorce

When a married couple files for divorce in Ontario they must declare the value of all their assets and liabilities as of their date of marriage and the date of separation. Generally, the increase in the value of a couple's net assets (assets less liabilities) during their marriage must be divided equally. This is typically accomplished through an equalization payment.   If one spouse owns a business, has stock options or owns other assets where value cannot be easily determined, a chartered business valuator will be required to determine the fair market value of the business, shares, stock options or other assets.

Income Assessment Reports - Child Support & Spousal Support

In order to determine a spouse's obligation for child and spousal support, an income assessment report may be required.  An income assessment report is usually required when an individual is self-employed or owns a business, as an individual's income according to their tax returns may not accurately reflect the income that is available income to a spouse. 

In order to accurately determine the appropriate amount of child support or spousal support, an accurate income assessment is a critical step in ensuring fairness and transparency.

We can prepare an income assessment report this is in accordance with the Federal Child Support Guidelines (FCSG) and the Spousal Support Advisory Guidelines (SSAG).

The situations that normally require an income assessment are when a spouse:

  • owns a business through a privately held company
  • owns an unincorporated business
  • is a partner in a business
  • is self-employed
  • is a director, shareholder or officer in a corporation
  • receives cash income that is unreported on their tax return
  • has a significant amount of investment income or rental income
  • is underemployed
  • receives income from a tax jurisdiction outside of Ontario

Our professional services include:

  • Business valuations
  • Income assessment reports for child support obligations, as per the Federal Child Support Guidelines
  • Income assessment for spousal support obligations as per the Spousal Support Advisory Guidelines
  • Determination of net family property
  • Valuation of stock options and other types of securities
  • Business valuations for marriage contracts ("pre-nup" agreements)
  • Litigation support
  • Expert testimony
  • Critique of other experts' reports
  • Calculation of contingent taxes or notional costs of disposition

We are trained in the Collaborative Divorce process and are members of the Peel-Halton Collaborative Family Law group and also the Hamilton-Halton Collaborative Family Law group.

Please contact us to discuss your needs.  You can telephone us at 905-592-1525 or fill out our contact form.

Family Law Support

Please contact us for a free consultation

Our telephone number is 905-592-1525

Our office is in Burlington and we serve clients across the Greater Toronto Area, Oakville, Burlington, Hamilton, KW and the Niagara Region.  

Fill out our contact form:

Our principal, Steve Skrlac, has valued hundreds of businesses and also has significant transaction experience.  He has the background and education to issue a valuation report that you can rely on.  Steve Skrlac is a Chartered Business Valuator (CBV) and a Chartered Financial Analyst (CFA).  Steve also holds a Bachelor's Degree in Economics and a Master's Degree in Business Administration.


Advice to divorcing business owners

Steve Skrlac, CBV

Steve Skrlac, B.A. (Econ), MBA, CFA, CBV