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Posts tagged "Property Distribution"

When is divorce mediation a bad idea?

Divorce attorneys will often advise clients to mediate their disputes. The process has its advantages when it works, but it won’t always work. There are many cases in which mediation might simply cost you more money before your divorce lands in the courtroom—as it was always going to.

Are your digital assets prepared for divorce?

Digital assets are a part of our everyday life. These assets can range from social media sites to online banking accounts. Whether the account provides a fairly innocuous financial benefit or is a sizable asset, it is important to account for our digital belongings when navigating a divorce.

Divorce terms may be revisited if hidden assets surface

Most anyone in the high-income bracket isn't there because they are lucky. They tend to know what it takes to maximize revenue potential and minimize financial liabilities. In some cases, this might mean following strategies to hide assets from public view.

Finances and divorce: Watch out for these 3 issues

Division of assets during divorce can result in contention. This portion of the split involves a careful review of all assets and debts. The divorcing couple must take every marital asset into consideration or else find themselves dealing with surprises after the divorce is finalized. These issues can be mitigated by knowing some common issues.

Where to look for hidden assets before property distribution

When high net worth couples in Michigan decide to file for a divorce, one spouse may go to great lengths to conceal some assets. This is often done because one spouse feels specific assets belong to him or her, and should not form part of the property distribution process. In some cases, secret financial activities, bank accounts and investments were concealed throughout the marriage. In any divorce, both spouses have the right to a fair settlement.

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