Before the economic crisis, closely held businesses were valued and nearly always awarded to the operating spouse. Now, it may be impossible to value the business and the liquidity for a buy-out has dried up. Deferred division may be the new normal, requiring spouses to continue their co-ownership. In this discussion led by Christopher C. Melcher, he explores the legal challenges, tax issues, and valuation problems when exes have to stay in the business. This was a Zoom Presentation.