Family Businesses And Farms

What happens to our family business if my husband and I divorce?  This is a question our Areas of practiceDAWN attorneys hear frequently.

The way Michigan courts view family businesses depends on many factors, including which spouse contributed to starting and maintaining the business.  Courts have broad discretion in dividing marital assets in divorce, and this includes family businesses and farms.

DAWN attorneys have experience in property valuing many kinds of family businesses and can structure a settlement in a way that preserves the business or farm and is fair to our client at the same time.

Remember:  The value of the family business that was earned during the marriage is considered a marital asset, even if the business is in the name of only one of the married parties.  Don’t sell yourself short.  Call DAWN today and arrange for a free initial consultation.