Cases involving a business can present unique challenges. First, you need to assess how the business interest was acquired (premarital or after marriage). Second, you must determine which spouse is primarily involved in the business. Typically that person will end up with the business interest and will buy the other spouse out. Next, the business needs to be valued (typically by a professional in the area). One half or a percentage of the value will be marital and need to be paid to the other party. Typically, the business is not sold as a result of a divorce.
If you are facing a divorce with a business, a good divorce attorney is not optional, it is a requirement! Our divorce attorneys can answer your questions with straight talk. Having the right divorce attorney on your side can relieve your stress during this difficult situation. Our attorneys have over 95 years of divorce experience. Our attorneys have extensive divorce trial experience including property settlements, spousal support, alimony, child custody, and other serious divorce related issues. Typical fees to retain attorney for a divorce case can range from as little as 1,500 dollars to as high as 10,000 dollars. Considering the seriousness of this life changing event, it is extremely important to retain the services of an experienced attorney in the area of divorce.
Krupp Law Offices P.C. is located in downtown Grand Rapids, Michigan and has the right divorce attorney for you. We represent clients in all divorce matters throughout West Michigan, , including the cities of Grand Rapids, Big Rapids, Ionia, Grand Haven, Stanton, Greenville, Wayland, Allegan, Holland, Newaygo, White Cloud, Fremont, Coopersville, Hastings, Middleville, Wyoming, and Rockford including Kent County, Ottawa County, Newaygo County, Ionia County, Mecosta County, Barry County, Montcalm County, and Allegan County Michigan.
Call for a free phone consultation. Our office can help.
KRUPP LAW OFFICES PC
161 Ottawa NW Suite 404
Grand Rapids MI 49503
616-459-6636 or [email protected]
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