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A prenuptial agreement is a legal document outlining the distribution of assets and financial responsibilities in the event of a divorce. Many couples in Michigan opt for these agreements as a measure of financial security. However, when a marriage ends, one or both...
Domestic violence continues to be an alarmingly frequent occurrence in the U.S. In fact, according to statistics from the National Domestic Violence Hotline, approximately 30% of women and 10% of men have experienced it. Among married couples, domestic violence is...
If you have decided to divorce your spouse, you might worry about your ability to support yourself after your marriage ends. This is probably especially true if you opted to stay home and raise children while your soon-to-be ex-spouse worked and earned money. Luckily,...
Over the course of a long marriage, you have no doubt acquired significant assets. Perhaps you have also built the most valuable asset: your family business. As you face the property division phase of your divorce, you worry about the disposition of the business. Here...
You and your husband or wife have acquired substantial wealth during your marriage so, you may be wary about dividing your marital estate during a divorce. Because of Michigan's equitable distribution rules, though, you should end up with a fair share of everything...
Divorce requires more than simply dividing who gets what. It is a complex litigation process that often strains relationships between ex-spouses in the short term. A particularly firey issue is that involving spousal support or alimony. Some people may negatively view...
No marriage starts with an eye on failure. With divorce rates still hovering at 50 percent, you may want to consider a prenuptial agreement before walking down the aisle. Fewer court documents get a worse reputation than the prenuptial agreement. Many see it as a...
Even though you may know others who have gone through a divorce, no two are the same. It is essential to educate yourself on the issues addressed in a divorce, one of which is the distribution of your property. Splitting things fairly is the aim of the court. While...
If the end of your marriage is in the not-too-distant future, you may be looking for ways to build a solid financial future. Still, you have probably heard about the recent uptick in inflation. According to reporting from CNBC, the costs of goods and services are...
Michigan's statutes generally classify all income earned during a marriage as a couple's shared marital property. If an individual has reason to believe that a soon-to-be ex-spouse has hidden assets, the divorce process could uncover them. As reported by CNBC, a...
