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The Divorce Course Podcast

The Divorce Course Podcast

4,280 subscribers

👁 1,484 views

Business Tricks in Divorce: 10 Sneaky Tactics to Watch Out For and Outsmart!

Video Overview & Insights

Watch this episode if...

You’re not entitled to anything just for being married. Go start your own business. Become successful yourself.

— @timlloydcohagen439

You're divorcing someone who owns or runs a business.

You're in a family business with your ex and things are getting murky.

You focus on money alot - like that's what you're audience is all about. Better to go to court and give everything from both parents to the lawyers is it?

— @davidsaffioti3061

You suspect your ex is hiding assets or undervaluing the business.

You’re overwhelmed by the complexity of business valuations in divorce.

This is happening to me unfortunately. I cashed in all of my investments, built a family business with my husband, (I drafted entire business plan, HR, Payroll, totally 100% the sole reason he is successful), but when he filed for divorce, he locked me out of our business accounts, deleted my salary, zeroed out all of our checking accounts, gave himself a raise, and took everything from me. He even tried to take my car, AND I caught him logging into my life insurance policy!!! So I am now in a severe crisis, begging for help. Since he took all marital assets, I can’t afford an attorney. I feel like my heart has been ripped out of my chest. I wish I was in Australia, you two are angels, as I am trying to educate myself, as I am standing alone.. and I am so grateful for you. Can you please explain how one goes about getting a business valuation?

— @B-the-Beacon

You're preparing for mediation or court and want to understand your options.

📌 Legal Disclaimer: This episode is for general information only and is not legal advice. Please seek your own legal support for your specific circumstances.

Excellent information. Better never do business with wife. Lawyers will support her and very easy for her to get DVO then your done.

— @De-tw7by

Divorcing a business owner or running a business with your soon-to-be ex? You must hear this. In this eye-opening episode, Mum and I dive into the most common and sneaky tricks business owners use during separation and how to stay one step ahead.

From manipulating business valuations to hiding assets in clone companies, refusing disclosure, and even dragging staff into the mess, we break down each tactic with real-world examples and strategies you can use. Whether you're preparing for mediation or already deep in the property settlement process, this is a must-listen for anyone who suspects their ex isn't playing fair when a business is involved.

Episode Timeline Summary:

00:00 – Intro: Divorce and Business Ownership

Understanding why divorcing a business owner is uniquely challenging.

01:06 – Real-Life Divorce Scenarios with a Business Involved

What happens when you're in business with your ex—or they own one.

03:02 – Trick #1: Making the Business Seem Worthless

How business owners hide value before property settlement.

08:12 – Trick #2: Starting a New Business to Hide Assets

The “mirror business” strategy and how to uncover it.

09:26 – Trick #3: Issuing New Shares to Dilute Ownership

What to do when your share of the business suddenly shrinks.

12:41 – Trick #4: Hiding Income and Creating Fake Tax Debts

How income manipulation affects child support and property division.

17:58 – Trick #5: Refusing to Allow a Business Valuation

Steps to take when your ex delays or avoids business valuation.

19:58 – Legal Disclaimer: General Education Only

Reminder to seek personal legal advice for your situation.

20:39 – How Courts Handle Business Valuation & Disclosure

Why you don't need full financial disclosure to move forward.

21:31 – Trick #6: Cooking the Books & Cash Deals

Spotting hidden income, second books, and cash-based deception.

26:39 – Trick #7: Financial Abuse via Job Loss or Sacking

What to do when your ex cuts your income post-separation.

32:01 – Trick #8: Superannuation and Self-Managed Funds

Risks of SMSFs and how assets may be hidden or misused.

36:39 – Court Penalties for Business-Related Divorce Tricks

When shady business tactics backfire in property settlements.

40:36 – Listener Review & Free Coaching Call Giveaway

Shoutout to a listener + how to win a free call with Mum.

Resources

Central Practice Directions

https://www.fcfcoa.gov.au/fl/pd/fam-cpd

Free Disclosure Checklist

https://www.thedivorcecourse.com.au/disclosurechecklist

Shinohara & Shinohara [2025] FedCFamC1A 126 (23 July 2025)

https://www.austlii.edu.au/cgi-bin/viewdoc/au/cases/cth/FedCFamC1A/2025/126.html

Shamon & Shamon [2025] FedCFamC1A 150 (8 September 2025)

https://www.austlii.edu.au/cgi-bin/viewdoc/au/cases/cth/FedCFamC1A/2025/150.html

Episode Links

Your Business and Divorce (old episode)

https://open.spotify.com/episode/0CwIeW1ZHTphzvhPdlq2Bf?si=JCtAHG7NTom5YSceqdSJ2Q

Weapons of Tax Destruction

https://open.spotify.com/episode/1Bvc2JFmgcLMpIZLIXEwVR?si=KT3UdjZRQAWjDRp3EMXhiw

DIY Disclosure

https://open.spotify.com/episode/49yOIB1GLDmXgeZCXkfyJS?si=nhgq3QQlQge-CSYLkMGKBg

🚨 Support Services:

1800 RESPECT (Family Violence Support – Australia)

Lifeline: 13 11 14 (Crisis Support – Australia)

📌 Legal Disclaimer: This episode is for general information only and is not legal advice. Please seek your own legal support for your specific circumstances.

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