If part of your pay comes through restricted stock units (RSUs), incentive stock options (ISOs) or delayed bonuses, your divorce may involve assets you cannot access yet. This can matter for executives in automotive technology, healthcare, private equity and other...
Spouses may need to settle disagreements about property division as they prepare for divorce. When they cannot agree with one another on terms for their most valuable assets, such as the home where they live together, they may need to defer to a judge. If a judge must...
People who are going through a divorce have to handle the division of their marital estate, which includes assets and debts. In order to do this, both parties must have a complete picture of the financial situation. Financial transparency means that neither side is...
When a professional with a well-funded 401(k) faces divorce, their first priority might be the preservation of that account. In some cases, directly dividing the 401(k) is necessary due to a court order or to an agreement between the account holder and their spouse....
People who are married often invest in a home, and it’s likely one of the largest assets they own. The asset that they worked hard to purchase can become a major source of contention if the couple decides to get a divorce. In Michigan, property is divided using...
When couples going through a contentious divorce are deciding how to divide their property, they sometimes end up fighting to keep items they don’t need or want just to keep their soon-to-be ex from “winning.” Unfortunately, that competition can sometimes extend to...
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...
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...
The emotional fallout can be overwhelming when a marriage ends due to adultery. What about the financial implications of such a situation? Will your spouse's infidelity impact the division of your shared assets? Adultery does not directly influence property division...
Divorce can feel stressful and overwhelming, especially when it comes to dividing property. You want to ensure a fair split, but how do you know what everything's worth? This is where hiring an appraiser becomes crucial. These professionals help you see the actual...