A lot of the focus during the property division process is on how to split marital assets. This is important. After all, how you divide the marital estate can have significant ramifications for your financial wellbeing for a long time to come. However, you can’t...
Property division can be a source of discord in many Michigan divorces. This is true whether the parties are in the middle of a high-asset divorce or the case is one of more modest means. Since Michigan is a state that strives for fairness in dividing property by...
The house and bank and retirement accounts are the most obvious property that a couple must address in their divorce. However, there are other substantial and hidden assets that must be uncovered and dealt with. Restricted stock Spouses in an executive-level corporate...
Couples may have missed the opportunity of entering a prenuptial agreement before their marriage. But their need to address ownership of financial assets in a divorce and responsibilities for their children may still persist. Spouses can still enter a contract after...
When any Michigan couple divorces, they must divide their marital property according to state law. The marital property can encompass everything from household goods to retirement accounts, and some types of property are much more difficult to divide than others. Ways...
Many couples are reluctant to enter a prenuptial agreement because they believe that by entering such an agreement, they are essentially planning for divorce. However, with approximately 50 percent of married couples in the United States divorcing, it can be...
In any Michigan divorce, the parties have to disclose all their assets and debts, and then divide the marital property in accordance with state law. This is always a daunting task, but some types of property are easier to divide than others. It's relatively simple to...
When a marriage is going smoothly, it can seem to unnecessarily nosy to want to know every single detail of your spouse’s whereabouts or financial dealings. But when the mitts come off during a divorce proceeding, one of the most bitter areas of conflict is often in...
Every divorce comes with questions and complications. Child support, property division and spousal support are frequent issues. But just as being a military spouse presents unique challenges, so too does it present unique questions. Will I lose my commissary and...
A couple’s home is typically their most substantial asset in a divorce. Deciding what to do with the house and handling its mortgage is an important but complicated property division issue. Potential problems Lenders will consider a couple’s joint mortgage as their...
