When a family business is part of your marriage, divorce is never just about splitting assets—it's about untangling a living enterprise from a shared history. For those in later life, the stakes are higher: retirement security, adult children working in the business, and decades of intertwined finances. This book walks you through the practical and emotional realities: how the business is valued in divorce, what the tax implications are, and how to structure a settlement that keeps the company viable while securing your own future. It addresses the unique challenges of later-life divorce: the emotional weight of a business you've nurtured for decades, the complexity of fair valuation when most wealth is tied up in illiquid shares, and the delicate matter of adult children who may have to choose between parents. You'll find guidance on avoiding common tax traps, negotiating without destroying relationships, and planning a dignified transition—whether that means one spouse buys out the other, the business is sold, or restructured. You'll learn how to assemble the right professional team, negotiate effectively, and consider options like buy-sell agreements, staged payouts, or a managed sale. Whether you are the owner, the spouse, or both, this guide provides the clarity you need to protect what you've built and move forward with confidence. Part of The Later-Life Divorce Library.