It can be impossible for an individual to know what the future will hold. Most individuals in Michigan enter a marriage without giving any thought to the possibility of divorce. When the marriage ends, many people are unprepared for the process and are unsure how to...
Month: March 2017
Preparing for a high asset divorce in Michigan
Dissolving a marriage can be a difficult process for anyone involved. A similar situation often has a major impact on a person's financial future, and taking every aspect into consideration during this period is advisable. Concerning a high asset divorce, the process...
Changes in life can create a need for adjustment to child custody
For couples who choose to dissolve their marriage, many consider the future of their kids to be one of the most important factors during the process. Children may be molded by the example of their parents, especially during difficult periods such as divorce. Many...
Business ownership & divorce in MI: 2 ways a spouse may hide assets
Owning a business can come with many perks. For those who are interested in protecting only their own financial interests during a divorce, some of these perks might be manipulated into tools to hide assets from a future ex. How can a business be used to hide assets...
High asset divorce in second or third marriages in Michigan
Recent studies indicate that second or third marriages are more likely to end in divorce. A piece in the New York Times touches on the issue, noting the increase in divorce rate for these marriages may be tied to increased longevity. The longer we live, the argument...
Considering retirement during a high asset divorce in Michigan
The process of ending a marriage can be challenging, especially later in life. Many couples have funds or investments dedicated to retirement, which can lead to complicated proceedings. This may be especially crucial in a high asset divorce, where the outcome will...