Farming in Nebraska is more than a business; it’s a way of life. Farm owners face unique challenges in the divorce process. From emotional and sentimental attachments to the farm that may have been in the family for generations, to the practicalities of dividing the marital estate which is comprised of complex and non-marital assets, to appropriately identifying true income for purposes of determining child support or alimony, farm divorces require experienced and sophisticated legal counsel.
Several of the unique issues involved in a farm divorce are:
- Identification of the farm or ranch as marital or non-marital property
- Appropriate valuation of various farm assets, including crops (both growing and stored), livestock, equipment and machinery, and farmland
- Examination of the contributions by both spouses to the farm
The experienced team at Koenig│Dunne partners with a range of experts to ensure a fair and equitable result is reached in a farm divorce. These experts include appraisers, forensic accountants and valuation experts to uncover and accurately value all assets and trace farm proceeds.
Legal knowledge and experience matter when efficiently navigating the complexities of a farm divorce, while controlling legal fees. Contact our office to schedule a consultation to find out how our legal team at Koenig│Dunne can protect your farm, your financial interests, and your future.