Last week, we wrote a post about prenuptial agreements and the importance of this contract in family law and high asset divorces. Additionally, we talked about the many different topics you can, and can't, include in a prenuptial agreement. Today, we want to continue...
Month: January 2018
How can I make my high-value divorce easier?
When it comes to divorce in Metro Detroit, the more money and assets involved, the greater the stakes. High-value divorces have a higher level of intensity and drama than many lower asset divorces. Divorce is not always easy, and the issues involved are generally...
How a prenuptial agreement factors into divorce
Property division will be a major issue in any divorce, but especially one that involves a significant number of assets -- or assets of tremendous value. Given the importance of this issue during divorce, it is important for newlyweds or people who are considering...
Will new alimony law be a benefit or disadvantage for you?
The new tax bill and its implications on divorces might have caused confusion for many couples in Michigan and other states. Those who were considering divorce might have tried to get it done before the New Year. However, the new alimony tax laws will only apply to...
Practical ways to manage child support payments
Most parents in Michigan want what is best for their children -- even after a divorce. Concerned non-custodial parents may not see child support obligations as burdens but an opportunity for them to play positive roles in the lives of their children. Neglecting to pay...
How are the different types of debt handled in property division?
Yours, mine or ours? That is the primary question when it comes to property division in a Michigan divorce. Couples have two options: they can either pay off all their debts before filing for the divorce, or they can have the court decide who will be responsible for...
Child Custody: What are the rights of a non-custodial parent?
In most divorce cases in Michigan, both parents want what is best for their children. However, joint child custody is not necessarily perfect for every situation, and the parent who ends up being the non-custodial parent may want to make sure he or she remains a part...
What are the enforcement methods for unpaid alimony?
Divorced people in Michigan are often dependent on the spousal support they receive from a former spouse -- even if it is only until he or she has established a regular income. However, payments may be withheld, leaving the question of possible enforcement. That...
Key aspects of divorce mediation
Mediation is an effective alternative to court divorce proceedings. In some cases, such as high-net-worth divorces, mediation is especially beneficial. For those individuals deciding whether to utilize mediation, it is important to understand what it entails. There...