Sep
28
Divorce is the Dissolution of the Family Business
Filed Under Alternative Roads in Family Law, Divorce & Separation, Mediation & Collaboration in Family Law, Property & Asset Distribution
I’ve often tried to explain that divorce is the dissolution of the family corporation. It’s a position that is unpopular because it’s perceived as lessening the value of the family.
However, as much as my business law consulting is about planning for the future, so should family law consulting be about planning for the future.
Here’s a recent blog post that illustrated my point about divorce being about dissolving the family business.
A Michigan court of appeals found that a motion to amend a divorce settlement agreement should be treated like a motion to reform a contract. Which generally means that motions based on the unilateral mistake of one party are not typically granted.
Posted by Victor J. Medina
Medina, Martinez & Castroll, LLC
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