He wrote off his kids’ braces as a business expense and told the court he made $40,000 a year. The business was worth $20 million.

Stoy Hall, CFP® sits down with Jamie Lima, founder of Allegiant Divorce Solutions and SecureSplit, on what really happens when a business gets caught in a divorce. From the “side gig” hiding millions to the prenups that get pierced in court, this one is a masterclass in protecting the asset you’ve built, and seeing through the one your spouse swears is worthless.

You’ll learn why a $20 million valuation almost never means $20 million in cash, how add-backs expose what a P&L is really hiding, and the two things every owner and every owner’s spouse needs to do before divorce is ever on the table.

Hosted by @stoyhall

Chapters:
0:00 The $40K Side Gig That Was Worth $20 Million
7:30 Prenups Get Pierced. Here’s How to Protect a Business.
15:40 Paper Valuation vs Real Money: Read It Right
26:20 You Can’t Hide the Money. Know What You Own.

Connect with Jamie Lima:
Allegiant Divorce Solutions: https://allegiantds.com/
SecureSplit: https://securesplit.com/

Going through it? Reach out to Jamie and his team: https://allegiantds.com/

#NoBSWealth #DivorceAndBusiness #BusinessValuation #BuySell #FinancialPlanning #BusinessOwner

Stoy Hall, CFP®

Stoy Hall, CFP®, is the host of NoBS Wealth® and founder of Black Mammoth®, a modern family office. He built NoBS Wealth to have the honest money conversations the industry avoids, cutting through the jargon to talk money, mindset, and behavior with business owners and everyday people done being talked down to. No shame, no BS, just the truth and a plan.

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