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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...
The end of any marriage is rarely easy, as both spouses must deal with some type of emotional fallout. While posting photos or messages to social media may be an easy way to find support or even to blow off steam, you must be careful not to allow your online presence...
As a person going through a divorce, you will soon have to deal with asset division. This is the combination and then division of your assets, which can include your annual income, side hustles and physical items or properties. Due to the high stakes during asset...
Parallel parenting is one of many potential parenting options that you can take a look at when handling your post-divorce situation. It can provide you with a good transfer point between your marital life and your life after divorce. What is parallel parenting,...
