S9 Ep56: Can a Judge Make You Split Your Ex's Business?

#ChooseGoldman In a divorce, a judge has the legal power to order the division of a business if marital assets or funds were used to support its growth. While you can leave the decision to the court, reaching a settlement with the help of your attorney allows you to maintain control over your financial destiny. • The court can legally order a business to be split, shared, or bought out if it is determined to be a marital asset. • Judges typically require a professional valuation to understand the true value of a business before making a ruling. • Parties have the freedom to settle their case privately at any point during the months that a case pends. • Choosing a trial puts the decision in the hands of the court, which often results in outcomes that satisfy neither party. • Existing legal documents, such as prenuptial agreements, can significantly influence how a business is handled by the court. Download Divorce & Custody Survival Guide. Click here: https://akivagoldman.com/free-legal-ebook Schedule Your Complimentary Phone Consultation: https://app.acuityscheduling.com/schedule.php?owner=17105687&appointmentType=18529428 📞 (248) 590-6600 Call/Text Click here to watch the video: https://www.youtube.com/watch?v=S6-8BLC8rUY For more information: https://akivagoldman.com/michigan-divorce-lawyer For additional information, watch these videos: How To Divide a Family Business in Divorce - https://www.youtube.com/watch?v=E54ERbCU5-Y What Should Business Owners Know About Divorce? - https://www.youtube.com/watch?v=sBpY3hcb7WA Visit us at ChooseGoldman.com #Goldmanandassociateslawfirm #ChooseGoldman #ChooseGoldmanLaw #MichiganDivorce #BusinessDivision #AssetDivision #PropertyDivision #LegalAdvice #MaritalProperty #DivorceAttorney