From cgw.com.au: Family businesses face significant risk exposure in family law property settlements, as the court considers all assets, including business interests, during the settlement process.

This exposure can lead to injunctions against the business or its management and may necessitate a valuation of the business, potentially disclosing sensitive financial information.

To minimize risk, strategic planning, such as financial agreements and restructuring ownership interests before separation, can help protect the business from property settlement claims.