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Alimony, or spousal support, is crucial to many divorce settlements in Michigan. The court ensures fairness by considering various factors before determining the alimony amount and duration. If you are in the process of a divorce or are already divorced, here are...
When going through a divorce, you might encounter the term "temporary alimony." This financial support can play a crucial role during the separation process. Understanding what it is and how it might affect you is essential. What is temporary alimony? Temporary...
Alimony, or spousal support, is a crucial aspect of many divorce settlements. It is designed to provide financial stability to a spouse who may have been economically disadvantaged by the marriage dissolution. But what happens when your ex-spouse fails to pay the...
Family businesses are often the backbone of local commerce and generational assets. These enterprises passed down through the years, carry not just financial value but also sentimental worth. But what happens when divorce disrupts the family dynamics that once...
Divorce can be a challenging experience, especially when children are involved. Custody arrangements are crucial to ensure the well-being of the children and provide a stable environment. However, issues may arise if one parent does not comply with the custody order....
Alimony, also known as spousal support, is a financial arrangement that one spouse pays to the other after a divorce. The goal of alimony is to enable the lower-income spouse to maintain a standard of life similar to that enjoyed during the marriage. Whether you are...
Property division during a divorce is no easy task. When your marriage involves significant assets, this process can become even more complicated. High-asset marriages often involve intricate financial structures and diverse investment portfolios. These require...
Alimony, also known as spousal support, aims to help the financially weaker spouse maintain a standard of living. It provides financial stability during significant change and allows the recipient time to adjust and become self-sufficient. But what happens to these...
Finances are a major part of our lives. And for many divorcing couples, it is central to the contentions complicating the dissolution process. For most couples, sharing finances is commonplace, making it difficult to go from a two-income household to a single-income...
Managing the challenges of divorce is never easy, especially when it comes to the division of property. Thus, knowing the difference between marital and separate property is crucial because it can influence the outcome of property division. If you are in the process...