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 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.

Dividing a family farm or closely held business in a Nebraska divorce is rarely as simple as splitting everything in half. This article explains how Nebraska courts separate marital from nonmarital property, why active versus passive appreciation can make a major difference, how farms and businesses are valued, and what the recent Nebraska Court of Appeals decision in Jeffers v. Jeffers means for real-world divorce cases involving land, corporations, and family operations. It is written to help readers understand the law in plain English while giving them a practical sense of what actually matters when these assets are at stake.