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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,...
Whether you inherited a family business that you want to keep in the family or you do not want your soon-to-be-ex-spouse to get any share of the entity you worked so hard to build up, it is important that you take steps sooner rather than later to protect your...
Because you and your current spouse completed your divorce after 2018, you must understand how current tax laws affect your alimony payment. Payors no longer deduct tax payments, and recipients no longer pay taxes on payments. Forbes offers tips for minimizing your...
Michigan divorce proceedings encompass a variety of processes. They often include issues such as child support, custody and dividing property equitably. Working out the details can become frustrating if you or your spouse have ownership in a business and both of you...
Co-parenting is not for the faint of heart, especially if your ex does not willingly comply with court orders. However, your commitment to following the rules and putting your children's best interests first can help make the co-parenting experience as positive as...
Divorce is a complicated legal process. For a couple lacking business partnership, the process is relatively straightforward. What happens for couples who are also business partners? What happens to their business during or after the divorce? While there aren’t laws...
Do you know what a “restricted stock unit” is? If so, kudos. That knowledge might just pay off for you in a literal sense if you are headed for a Michigan divorce. And if you don’t know what it is and lack the inclination to learn or know whether it might be a factor...
Like legions of other married Michigan couples, you perhaps share a bank account with your spouse and readily appreciate its many upsides. Like simplified finances, for example. A joint account enables a couple to pool resources and independently transact as though...
It’s quite possible that the execution of your Michigan divorce decree spelled the end of a contentious and highly negotiated process. That would not be a rarity. Indeed, contested divorce is the norm in Michigan; legions of splitting couples have one or multiple...
