Postnuptial agreements are legal contracts that married couples create after tying the knot. Couples choose to sign these agreements for various reasons. Some seek to clarify financial responsibilities as their circumstances change. Others use it to protect a growing...
Finding out about your spouse’s hidden debts in the middle of your divorce can add even more stress and uncertainty to an already challenging time. Your spouse might have kept financial secrets that now threaten your stability and peace of mind. Michigan divorce...
Going through a divorce can be an emotionally draining and financially complex process. As you go through the legal process, it might be easy to overlook the financial effects of your decisions. As you consider divorce, ask yourself: Can financial planning help me...
Gray divorce, or divorce among couples over 50, can bring unique financial challenges. As people live longer and retirement savings dwindle, the financial effects of a gray divorce can be devastating. If you are preparing for a gray divorce in Michigan, what steps can...
Divorce presents a challenging time for all parties involved. It can bring emotional upheaval, leaving spouses uncertain about how to cope. As divorcing spouses deal with the legal complexities, they must also pay attention to their emotional well-being. If you are in...
During divorce, parties often have a lot of uncertainties about the process. One frequently asked question is whether the presence or absence of children in the marriage contributes to the timeline of finalizing a divorce. A noticeable effect on the timeline During...
A marriage and a business often involve a partnership where two or more individuals come together to work toward common goals. You must invest time, resources, and energy into your marriage in the same way you would your business. In a marriage, the spouses commit to...
Divorce is profoundly unsettling to a child. Growing up in two households can disrupt their cognitive and emotional development. However, the impact of a parental split varies in severity depending on the child’s age. Thus, Michigan courts provide a guideline for...
If you and your spouse decide to get divorced and you either did not work outside of the home during the marriage or were the lower-earning spouse, you may be concerned about how spousal support is determined. Spousal support overview Spousal support, also known as...
These days, finding hidden assets has become part of the discovery process of divorces because of previous cases wherein one spouse intentionally hid assets just to reduce the other’s share. But suppose the court does find hidden assets in a divorce case. Will they...