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Going through a divorce can be an emotionally and financially challenging experience. Because of how expensive it might get, you might feel tempted to protect your assets by hiding them from your spouse. However, this approach may come with severe consequences and...
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...
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...
Most of our readers in Michigan probably know that if you’re going to go through a divorce, you will likely experience a range of emotions. Yes, there are some divorces that are amiable enough, but others involve divorcing spouses who feel resentment, bitterness and...
Our readers in Michigan probably know that if they are facing a divorce they could be in for a difficult, emotional process. Sure, there are some divorces that are amicable and can be settled relatively easily – but that is likely the exception, not the rule. For most...
Many people may be served divorce papers around this time of year since January is a month known for its high number of divorce filings. Receiving divorce papers can be devastating, leaving you feeling shocked, confused and scared of what comes next. Even if you and...
If you find yourself in the midst of a later-in-life divorce in Michigan, the fate of your retirement accounts is a concern. After all, you spent your entire life building this nest egg to live on when you retire, and the idea that these funds could disappear...
If you and your spouse are planning to divorce and have a disagreement, your issue does not necessarily have to go to court. There are two processes that you may want to consider, called mediation and arbitration. These alternative dispute processes may be faster and...
One of the most difficult issues in a high-asset Michigan divorce – or in any divorce, for that matter – is the valuation and division of real property, especially the family home. Michigan divorce law requires that the assets owned by the divorcing couple be divided...
We all know that divorce can be stressful, but what many parents may not realize is that it can be stressful and painful for their children as well. Indeed, research consistently shows that divorce negatively impacts the mental health of children, leading to...