Protect Your Business and Financial Future
Saving a business in a divorce in Michigan is one of the most important concerns for business owners facing the end of a marriage. Many clients want to protect what they have built while ensuring a fair division of assets.
If you own a family business or hold an interest in a closely held company, you likely have questions about valuation, ownership, and how the court may treat the business during divorce.
Is the Business a Marital Asset?
One of the first steps in saving a business in a divorce in Michigan is determining whether the business qualifies as a marital asset.
Courts will evaluate:
When the business was created
Whether marital funds contributed to its growth
Each spouse’s involvement in the business
Whether the value increased during the marriage
Even if one spouse started the business before marriage, part of its value may still be subject to division.
How Courts Evaluate Business Ownership
Michigan courts carefully review ownership interests when dividing a business. Key considerations include:
Who legally owns the business
Each spouse’s percentage of ownership
Whether one spouse actively worked in the business
Contributions such as time, labor, or financial support
Understanding these factors is essential when saving a business in a divorce in Michigan.
Business Valuation in Divorce
Accurate valuation plays a critical role. Courts often rely on financial experts to determine fair market value.
This process may include:
Reviewing financial statements and tax returns
Assessing assets and liabilities
Analyzing income and profitability
Evaluating goodwill and future earning potential
Working with professionals ensures the valuation reflects the true worth of the business.
For more information on business valuation standards, visit the
American Institute of Certified Public Accountants (AICPA): https://www.aicpa.org
Strategies for Saving a Business in Divorce in Michigan
There are several effective strategies to protect your business:
Asset Offsets: One spouse keeps the business while the other receives different assets
Structured Buyouts: Payments made over time to compensate the other spouse
Negotiated Settlements: Agreements reached outside of court through mediation
Business Restructuring: Adjusting ownership or operations to minimize risk
In many cases, mediation can help preserve both the business and the relationships. Learn more about alternative dispute resolution through the
Michigan Courts: https://www.courts.michigan.gov
Why Strategy Matters
Every divorce involving a business is unique. A thoughtful legal strategy can:
Reduce financial disruption
Protect long-term income
Preserve business operations
Support a smoother transition after divorce
At Tabono Law, we guide clients through saving a business in divorce in Michigan with a focus on strength, clarity, and practical solutions. Our team works closely with financial experts to protect your interests and help you move forward with confidence.