How Do You Pay the Bills During a Nebraska Divorce When Your Wealth Is Tied Up in a Farm or Business?
Own farmland or a family business but can’t cover this month’s bills while your Nebraska divorce is pending? Our latest post explains how temporary support and litigation allowances work under Nebraska law. It also covers why farm and business income timing makes it harder, and how child support income rules differ from temporary spousal support. You’ll learn what courts can do to prevent unusual property transfers and why a private agreement doesn’t change a court order. The post closes with a records checklist, questions to ask your lawyer, and how our in-house co-parenting and divorce coaching supports clients at no additional fee.
Does a Buy-Sell Agreement Decide What Happens to My Business Interest in a Nebraska Divorce?
If you own part of a closely held business, or you're married to someone who does, the company's buy-sell agreement may set a buyout price. Does that price decide what the interest is worth in a Nebraska divorce? Not automatically. This post explains what the Nebraska Supreme Court actually decided in Brozek v. Brozek. It also covers why the agreement's exact wording and the valuation evidence both matter, and what an October 2026 Court of Appeals decision says about relying on tax returns. We close with what to gather and what to ask before anyone signs or responds to a proposed buyout.
If a Business Was Owned Before the Marriage, Does the Other Spouse Get Half of Its Growth in a Nebraska Divorce?
If one spouse owned a business before the marriage, its growth during the marriage is not automatically divided and not automatically protected. Nebraska courts look at what the business was worth when the marriage began, whether it increased in value, what caused the increase, and who can prove each piece. This post walks through two 2026 Nebraska Court of Appeals decisions, Jeffers and McReynolds, explaining why company tax returns did not establish appreciation in one case. It also covers how courts approach valuing a closely held business and what to preserve before you talk with a lawyer.
How Does Nebraska Law Treat K-1 Income, Company-Paid Expenses, and Owner Perks in a Divorce?
A Schedule K-1 reports what a business earned for tax purposes, not what its owner took home, and that gap drives some of the hardest fights in a Nebraska divorce. This post explains how Nebraska courts approach pass-through income, tax distributions, retained earnings, depreciation, and company-paid perks for child support, alimony, and property division, what records come out in discovery, and what to preserve before you meet with a lawyer.
What Estate Planning Steps Should Nebraska Business Owners Take Right After Selling a Business?
Selling a business turns hard-to-reach equity into cash, securities, and a seller's note, and that changes what your estate plan needs to do. This post walks Nebraska owners through six areas to review after closing: the county inheritance tax, where the proceeds live if you are married, lifetime gifts and Nebraska's three-year rule, titling and beneficiary designations, powers of attorney, and who manages the money if you cannot. It includes a checklist of what to gather and questions to ask your lawyer.
Please note:
The content on this blog is for general informational purposes only and is not legal advice.
Reading it does not create an attorney-client relationship.
For personalized guidance tailored to your specific circumstances,
it's always best to connect with a qualified attorney.