The financial ramifications of the end of a marriage can be stressful and daunting for any individual, regardless of the level of wealth involved. For those who are of considerable wealth, preparing for this aspect of divorce could be all the more crucial. Since a...
Bloomfield Hills Michigan Family Law Blog
A practical approach to a high-asset, high-stakes divorce
Are you planning to divorce in the near future? Even if you have not yet filed, there are various things that you can do to prepare yourself for the process that lies ahead. It can be immensely useful to prepare well for a divorce, especially when there are high-value...
Understanding the financial impact of a high asset divorce
Most couples in Michigan and elsewhere may enter a marriage with the intent of remaining together throughout life. However, things don't always go as planned, and although having a strategy in place for the end of a marriage can be a scary prospect, it could also...
Bill could change how spousal support payments are taxed
There may be numerous crucial aspects to address during the end of a marriage, one of which being whether spousal support payments will be required. Addressing this aspect could be crucial, as these payments can have a substantial impact on one's taxes. However, the...
Child custody: Taking the holiday season into consideration
Parents in Michigan and elsewhere generally place a great deal of importance on the current and future well-being of their children. Should a couple decide to part ways, they may wish to pursue a parenting plan that is in keeping with the needs of the kids. However,...
Actions to avoid during a high asset divorce in Michigan
It can be difficult to prepare for certain changes in life, such as the end of a marriage. Individuals in Michigan who are experiencing a similar change may wish to cover every aspect of the process, especially when a considerable amount of wealth is involved. While...
Understanding how taxes may change following a high asset divorce
When facing the end of a marriage, there are numerous factors that may have an impact on the future. A high asset divorce can be stressful and intimidating, and individuals in Michigan who are facing similar circumstances may wish to cover every aspect of the process....
How will commingling assets affect property division outcomes?
As a wealthy individual, you likely enjoy the comfort you have obtained from amassing your fortune. Of course, reaching this point in your personal and financial life may have taken a considerable amount of time and independent work. As a result, you may wonder what...
Child custody: The impact of conflict on children in divorce
Many individuals have experienced periods of trouble within a relationship, prompting some to consider ending their marriage. When children are involved, making the decision to divorce could be somewhat more complex, potentially leading parents in Michigan and...
Is the end of your marriage the end of your business?
A divorce is sure to impact almost every area of your life, including your professional life. This is particularly true if you are a small business owner in Michigan and you have concerns about how the end of your marriage will impact your business. Fortunately, a...

