Episode 368: Divorce, Business Valuation, and Financial Infidelity with Jennifer Lee
The Divorce Survival Guide Podcast
Kate Anthony
4.4 • 573 Ratings
🗓️ 14 May 2026
⏱️ 35 minutes
🧾️ Download transcript
Summary
If you own a business, or your spouse does, or you built one together, divorce just got more complicated. You may be wondering, how will divorce impact the business? I'm so glad I have returning guest Jennifer Lee to answer this and other important questions.
In this episode, we get into what happens to the business you built together, what happens when there's been financial infidelity and the numbers don't add up or what to do when your spouse suddenly claims the business is tanking right as divorce hits the table.
Whether you're co-owners trying to figure out what comes next, or you're staring down a spouse who suddenly can't account for where the money went, this conversation will help you understand what you have, what you're owed, and how to make sure you don't walk away with less than you deserve.
What you'll hear about in this episode:
- Running the business together and getting divorced: whether you can actually keep it going, and what you need to get in writing when you do (2:36)
- When there's financial infidelity, the divorce is not amicable and what it takes to get to the real value of a business that's caught in the middle (6:04)
- Some considerations for business asset division during divorce (13:10)
- What to do when divorce is on the table and all of a sudden "the business isn't worth anything!" (17:23)
- How to handle avoidance and secrecy around financial disclosures (23:06)
- How Jennifer works with clients in the middle of a divorce, from financial triage to making sure you are walking away with what you are owed (25:12)
Learn more about Jennifer Lee:
Originally from Maryland, Jennifer brought her over 27 years (44 years if you count going into the office with her father as a child) of expertise in the financial services industry to Florida. Jennifer has found that a relationship with an advisor is most critical at the intersections in life where emotions collide with financial events. She enjoys facilitating her clients through challenges as they experience life's upsets such as divorce, the loss of a spouse, or business to retirement transition. Whether you are experiencing divorce, a business client expanding or selling your operation, or a couple wanting to make sure they have provided for their family, Modern-Wealth may be a good fit. Jennifer provides a fresh perspective to the financial planning process by digging deep to understand what drives her clients. At Modern-Wealth, they build long-lasting relationships. As part of their process, they encourage clients to communicate their values to the most important people in their lives by writing a family love letter. This led her to write "Squeeze the Juice: Live With Purpose-Then Leave a Legacy.
Resources & Links:
Kate Anthony's Complete Parenting Plan
Focused Strategy Sessions with Kate
The Divorce Survival Guide Resource Bundle
Phoenix Rising: A Divorce Empowerment Collective
Kate on Instagram
Kate on Facebook
Kate's Substack Newsletter: Divorce Coaching Dispatch
The Divorce Survival Guide Podcast Episodes are also available YouTube!
Seven Step Mindset Reset for Divorce
Connect with Jennifer Lee:
Jennifer's website
Jennifer on Facebook
Jennifer on Instagram
Jennifer on LinkedIn
===================
DISCLAIMER: THE COMMENTARY AND OPINIONS AVAILABLE ON THIS PODCAST ARE FOR INFORMATIONAL AND ENTERTAINMENT PURPOSES ONLY AND NOT FOR THE PURPOSE OF PROVIDING LEGAL OR PSYCHOLOGICAL ADVICE. YOU SHOULD CONTACT AN ATTORNEY, COACH, OR THERAPIST IN YOUR STATE TO OBTAIN ADVICE WITH RESPECT TO ANY PARTICULAR ISSUE OR PROBLEM.
===================
Episode link: https://kateanthony.com/podcast/episode-368-divorce-business-valuation-and-financial-infidelity-with-jennifer-lee/
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Lots of business owners don't have that depth of operating agreement as tight as they should. |
| 0:08.0 | And then when you enter divorce, it gets more complicated. |
| 0:12.8 | And now, you know, you probably want to also be more intentional about when are we exiting the business? |
| 0:18.8 | What happens if I don't want to be in the business anymore? |
| 0:21.2 | What happens if somebody dies? |
| 0:22.8 | What happens? |
| 0:23.6 | Are we selling it in five years? |
| 0:25.1 | Are we selling it in 10 years? |
| 0:26.2 | Are the kids going to inherit it? |
| 0:27.8 | There's a lot of different components that already as business owners, |
| 0:31.5 | you should be planning and considering. |
| 0:33.6 | But now that divorce is on the table, |
| 0:35.8 | it's pretty important that you bring those things out and |
| 0:38.5 | evaluate them. |
| 0:43.8 | Welcome to the Divorce Survival Guide podcast, where we have open and honest conversations about |
| 0:50.4 | co-parenting, separation, divorce, and the hardest question of all, should you stay or |
| 0:56.4 | should you go? I'm Kate Anthony, your divorce survival guide, and I'm here to help you |
| 1:02.5 | navigate some of the roughest waters you've ever swum in and answer some of your toughest questions. |
| 1:08.5 | I've been to hell and back, and now it's my mission in life to help |
| 1:12.9 | you get to the other side of this process with your sanity and your heart intact. |
| 1:25.6 | Hey everyone. Welcome back. I am here with my favorite divorce-focused financial advisor and yours, |
| 1:36.9 | Jennifer Lee. She is the founder of Modern Wealth, a Sarasota-based financial firm, with a focus on helping |
... |
Transcript will be available on the free plan in 3 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Kate Anthony, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Kate Anthony and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.