Child support in a Michigan divorce is far from being determined via a cookie-cutter formula that is routinely applicable in all cases.
Pandemic-linked challenge: spotlight on Michigan child support
The essentials of parenting time in Michigan
Michigan family law authorities adopt the common national stance that children in divorce are generally best served post-dissolution by continued meaningful contact with both parents.
Michigan statutory law underscores the possibility of joint parental custody, which one or both parents can request. A court will act on a motion following due consideration of a number of enumerated factors.
Spotlighting the utility and rationale of a postnuptial agreement
Consider it a second chance.
That is how increasingly more couples in Michigan and nationally view postnuptial agreements after they contemplated executing yet ultimately declined to craft aprenuptial contract prior to marriage.
Divorce asset division can't be fair if a spouse is hiding wealth
Michigan law requires that divorcing spouses divide marital wealth equitably.
Why high-asset divorces can be especially challenging
There are of course lots of reasons why Michigan divorces involving significant assets are comparatively complex.
But it all starts with the simple reality surrounding wealth, doesn’t it? When splitting spouses are mutually focused on divorce-linked property division, that exercise becomes progressively complicated with each upward tick in marital wealth.
Consider your online presence during the divorce process
If you’re like legions of other Michigan residents, you have a sizable online presence. That is, you are actively engaged on social networking sites like Facebook, Twitter, Instagram and other platforms that dominate the Internet.
Lots of people already know that.
Alimony debate persistent and broadly focused
Some areas of the law are relatively static and often rigidly applied. Other legal subject matter is more fluid and complex, with ample doses of judicial discretion mixing in with statutory dictates and case law holdings.
Alimony is a case in point, which we note at the established Bloomfield Hills family law firm of Hauer & Snover. We underscore on our website that Michigan alimony is determined “on a case-by-base basis” and that relevant law “does not give clear-cut guidelines or a calculator for spousal support.”
Might a marital contract make good sense in your marriage?
Many articles on marital contracts these days (prenuptial and postnuptial agreements) get straight to the point stressing a couple important details.
Here’s one: Contrary to a longstanding and lingering belief, such agreements hardly merit a conclusive view that their execution dooms romance and an otherwise successful marriage from the outset.
Properly focusing on financially linked divorce consequences
Speak with your attorney.
That is a prominent recommendation made by a panel of financial experts in a recent article on divorce planning.
Key considerations re a family business in divorce
High-asset divorces in Oakland County and elsewhere across Michigan are obviously distinguished from many other marital dissolutions by the significant amount of marital property they involve.
The cumulative value of that wealth is notably higher than is the case with many other divorces, of course.
