If you're going through a divorce in Michigan, there can be a lot of things on the line. One of the most important things divorcing couples think about is who will get the marital home. Fortunately, there are several potential ways for couples to determine a marital...
The Experience To Protect Your Rights
The Experience To Protect Your Rights
Divorce
Do millennials living together face a high risk of divorce?
Living together represents a typical step before marriage for many Michigan millennials. Of course, living together is nothing new, as the "pre-marriage arrangement" gained popularity decades ago. People and lifestyles change over the years, and millennials might find...
Business valuation during divorce
As property division is one of the more hot-button parts of ending a marriage, the subject can become even more emotionally fraught for the business owner whose focus is on ensuring the future of the business after divorce. As it is often the largest asset on the...
What’s keeping the family name worth?
Depending on one’s family, a surname can be extremely important, personally. However, for some, a surname can have monetary value. Take, for example, the recent divorce announcement of Bill and Melinda Gates, where Melinda has the choice (presumably) to keep the Gates...
Understanding a QDRO in a Michigan divorce
One of the most vexing issues in a Michigan divorce is how the couple will split up any retirement plan benefits without incurring adverse tax consequences. A device that has helped many couples resolve this issue is what is called a Qualified Domestic Relations...
Spousal support after divorce
One of the most important concerns for Michigan residents going through a divorce is the financial status of the parties after the divorce is resolved. Both parties’ financial status will be affected by the division of marital assets and, if the couple has minor...
How is my business valued during the divorce process?
Property division during the divorce process can be overwhelming which can be especially true if the divorcing couple owns a business together and that business interest will need o be divided during divorce. To help, it can be useful for the divorcing couple to...
How to protect the children during a divorce
Going through a divorce is painful for everyone involved, but especially for the children. Even if it ends up being the best solution for everyone when there are fundamental conflicts between the parents that cannot be resolved, it will still have profound effects on...
Avoid these 5 mistakes during your divorce
A couple must navigate an emotionally heated process when moving through a divorce. The divorce process becomes more complex the longer the couple was married. From the division of a family business to developing a parenting plan schedule that accounts for numerous...
Dealing with the business in a divorce
Lots of your personal assets may divided in a divorce. You and your business associates may also face some surprises and complications when your business interests are part of marital property division. Status of business The first step is determining whether the...