While getting ownership of the residential home is considered a primary aim in property division in Michigan, this option may not always be the most practical one. Couples going through a divorce need to understand how much money goes into maintaining the house and...
Month: December 2020
What is a separate maintenance action?
On Behalf of Eisenberg & Spilman, PLLC | Dec 22, 2020 | property division
Like other states, Michigan has a law that allows married couples to receive some protection from court if they want to live in separate yet remain legally married. Although this often gets referred to as legal separation, Michigan law calls this separate maintenance....
Gather financial information before seeking a divorce
On Behalf of Eisenberg & Spilman, PLLC | Dec 21, 2020 | high asset divorce
Deciding when to end a marriage can be one of the most devastating experiences of your life. However, it’s essential that you take every step possible to put yourself in the best financial position for your new life. Achieving a fair outcome with your soon-to-be-ex...
How is a shared business divided in a divorce?
On Behalf of Eisenberg & Spilman, PLLC | Dec 7, 2020 | property division
Divorce can be difficult, especially when the parties involved share a business. There are a few options to consider when dividing a business that can make the process easier. How do I know if the business I own with my spouse is a martial asset or separate property?...
How do you pay for your children’s college?
On Behalf of Eisenberg & Spilman, PLLC | Dec 4, 2020 | child support
Divorce requires a crystal ball to peer into the future and address issues such as your child’s college expenses. Michigan restricts the duration of child support but parents can include college costs in their divorce settlement. How costly is this? This issue comes...
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