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...
Bloomfield Hills Michigan Family Law Blog
Key considerations re a family business in divorce
High-asset divorces in Oakland County and elsewhere across Michigan are obviously distinguished from many other marital dissolutions by the significant amount of marital property they involve.The cumulative value of that wealth is notably higher than is the case with...
5 ways to prepare for a successful divorce
Divorce can be confusing and stressful, especially when you think about all that you have at stake. Your future depends upon a fair settlement. With that in mind, the good news is you can take several steps to improve your chances of a successful outcome.As with most...
How could a weak market affect your divorce settlement?
When you get divorced, your future depends upon a fair property settlement. In turn, that settlement hinges on many factors, including proper timing.That may be why, as stock markets plummeted, the Daily Mail reported a sharp rise in UK divorce filings. Experts say...
When can I modify my spousal support?
Surging or exploding stock portfolios can have a huge impact on your financial outlook. During a boom, you may feel your pockets swelling. And when the markets bust, they can leave you feeling hollowed out. But can any of these changes to your assets lead to changes...
How do Michigan’s courts measure your love for your child?
By now, you’ve probably learned that Michigan’s courts aim to award child custody according to your child’s best interests. And you may have learned about the different factors the court reviews. But as it reviews them, how does the court judge these...
10 crazy places people hide assets during divorce
Some people are greedy. They know it’s illegal to try to hide their assets and disguise their wealth during divorce. But they do it anyway because they want to keep more than their fair share.If you’re headed toward divorce and suspect your spouse may be...
5 things to know about business valuation in divorce
If you or your spouse own a business—either solely or with partners—there’s a good chance the value of that business will matter in your divorce. Even if you have a prenup that will keep the business intact, you may need to determine how much its...
How can I challenge an unfair prenup?
No one gets married with a plan to get divorced. Even if you hired a lawyer and sat down to sign a prenup, you may not have taken it seriously. It may have just been a thing your fiancé wanted. But you were going to stay married forever, right?Unfortunately,...
Can you stop your ex from taking your child out of state?
Custody battles are often the bitterest and most troubling parts of a divorce. And the sad fact is that they don't always stop after the divorce has been finalized. Life continues, and if your ex has primary custody, you may someday find yourself faced with the...

