Divorce is never simple, but when a business is involved, the stakes rise dramatically. In this episode of Explain That by Velocity Legal, Director of Family Law Shannon Hilton joins host Andrew Henshaw to unpack how family law affects privately owned businesses.

They explore what really happens when a business forms part of the asset pool, how valuations are managed, the impact of Division 7A and tax considerations, and what to do when former spouses continue in business together. Shannon also shares practical strategies around trusts, financial agreements, and structuring to safeguard business interests.

Whether you’re a business owner or a professional advisor, this episode offers practical, plain-English insights to help you navigate separation without losing control of the business.

For tailored advice or to speak with our Family Law team, visit www.velocitylegal.com.au.