If you can’t adequately explain why you are a strong proponent of prenuptial agreements (candidly, those contracts do have an enduring image problem across a swath of the general public), you might just want to hand the baton off to Erin Lowry. Lowry is a financial...
High-Asset Divorce
Always relevant, certainly in 2021: divorce-tied tax considerations
The financial publication Kiplinger notes in a recent article that “divorce rates are expected to rise sharply in 2021.” We don’t imagine at the established Oakland County family law firm of Hauer & Snover in Bloomfield Hills that a declaration like that surprises...
Spotlighting the scourge of asset concealment in divorce
About 83% of American couples reportedly endorse the view – and understandably so, of course – that financial honesty with their spouse or significant other is a good idea. Yet approximately one-third of thousands of respondents in a recent survey on relationships...
Protecting your business as a divorcing Michigan spouse
You’ve unquestionably got some valid concerns if you are a divorcing Michigan spouse who just happens to own a successful business. We prominently note those concerns at the established Michigan family law firm of Hauer & Snover in Bloomfield Hills. We underscore...
Pandemic-linked challenge: spotlight on Michigan child support
Child support in a Michigan divorce is far from being determined via a cookie-cutter formula that is routinely applicable in all cases. In fact, support outcomes are highly variable and dependent on circumstances that are flatly unique in every instance. A court will...
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...
Divorce asset division can’t be fair if a spouse is hiding wealth
Michigan law requires that divorcing spouses divide marital wealth equitably. In a word, that means fairly. Although a fair property distribution doesn't necessarily mean a close-to-precise accounting, it will turn out in most cases that asset division ultimately...
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,...
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. In...
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. In fact, notes the Forbes Financial Council, a divorcing individual should always consult with proven legal counsel prior to...
