Going through a divorce means that you and your ex have to split up everything financial that’s become entangled during the marriage. This isn’t an easy undertaking, but it’s one that’s necessary. One thing that some people don’t realize is that the property division...
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3 things you need to do during your high-asset divorce
Dividing a substantial estate during divorce can quickly become complicated. Financial entanglements, property ownership and personal investments often require close attention. For high earners or those with long-standing financial interests, the decisions made now...
Are your summer custody plans set in stone?
Michigan parents can come to dread the changes in the custody cycle that occur during the summer months. While change can indeed be destabilizing for families fractured by divorce, it’s important to plan ahead as much as possible. The following summer custody tips for...
How the court considers a child’s best interests
Many parents would agree that they understand what would be best for their child. If they have to make decisions about where the child should live or things of this nature, they want to be in charge. But during a divorce, this isn’t always possible. The parents may...
2 things to remember if you’re active online during a divorce
Social media is a daily activity for some people. They may scroll through other people’s posts or post things of their own. While this may seem like an innocent activity, it’s one that can cause significant issues if you’re going through a divorce. Many people don’t...
Who pays for what?: Splitting debts in a Michigan divorce
Michigan courts follow equitable distribution when dividing the marital estate in a divorce. This approach seeks to allocate property in a fair and just manner, taking into account the unique circumstances of each marriage. Rather than simply splitting everything down...
How can a forensic accountant help in a high-asset divorce?
A high-asset divorce can involve significant wealth, businesses, investments and real estate. Therefore, it can be a complex process. Forensic accountants can provide a detailed analysis of these assets. Are you facing a high-asset divorce and wondering how a forensic...
The lifecycle of alimony: Key events that can end payments
When planning for your future after your marriage ends, understanding your financial landscape is crucial. Alimony support can greatly impact your finances, and without proper knowledge, you may find yourself struggling to keep up. Alimony, or spousal support, is a...
Time matters when deciding on alimony
The saying "time is money” often holds true in the context of marriage and alimony. The length of your marriage can significantly influence your alimony settlement. Grasping this link is essential for anyone going through a divorce. Financial interdependence between...
Can I (or should I) move out of the house during a divorce?
Deciding whether to move out of the house during a divorce can be challenging. This choice can significantly affect your divorce proceedings in Michigan, particularly regarding child custody and property division. Considerations before moving out Before you decide to...