Ending a marriage can often be an emotional process. This may be especially true in a high asset divorce, where each person has more on the line. Couples who are married in Michigan often expect to spend the rest of their lives together, and when a marriage...
Month: February 2017
Covering every aspect during a high asset divorce in Michigan
There are several different aspects that may require attention when facing the end of a marriage. Division of property and assets can have a direct impact on a person's financial future and can often be complex. This may be essential to people who are going through a...
Considering children’s needs for child custody in Michigan
There are many factors that can complicate divorce proceedings. Many parents in Michigan consider child custody to be one of the most important things to address when facing the end of a marriage. If they do not appropriately address the needs of a child during a...
Awareness of assets vital for property distribution in Michigan
There are many different factors to consider when choosing to end a marriage. One of the main concerns of a person who is going through a divorce in Michigan is likely property distribution. The situation may become increasingly complicated with a...
When business is part of a high-asset divorce
Those who have spent many years building their businesses and bank accounts understand the importance of protecting those interests when marriages end in court. A high-asset divorce can be extremely contentious, especially if a spousal communication breakdown has been...
What is the true value of housework in a marriage? One study suggests the answer may depend on gender.
A common misconception is that the financial status of a husband can reliably predict divorce. If it is too low, the theory goes, a couple is more likely to divorce, presumably because the husband is not living up to the expectation of being a breadwinner. As is often...
Retaining financial stability in a high-asset divorce
Many Michigan couples are, at first, surprised, disappointed and sad when they realize their marriages are headed for divorce. With a high-asset divorce, in particular, there are often many financially-related issues that must be resolved before spouses can part ways...
High asset divorce? Don’t forget these two assets.
Divorce is always difficult, but when high assets are involved a single mistake can translate to big losses. One mistake to avoid is failing to take certain assets into consideration when dividing marital assets during the divorce proceeding. Two assets that those...