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Divorce and the farm.
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Dan Michigan
Posted 5/21/2018 09:46 (#6771410)
Subject: Divorce and the farm.


South Central Lower Michigan

Guy I know, 59 getting divorced. 

He has amassed approximately 700 tillable acres of owned land, and rents the rest.

The wife wants 50% of the assets, including the land and machinery or wants bought out for 50% of the value of the land at today's market price.

Obviously that cash doesn't exist in a savings account, she did nothing for the business during the marriage. 

 

 

What can he do to keep his farm?

 

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