Prenuptial and postnuptial agreements are both legally binding and address what happens to assets in a marriage if a couple decides to divorce or if one spouse passes away. Both agreements describe similar scenarios such as alimony payments and asset division. Some...
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Year: 2022
Property disclosure requirements for Michigan sellers
The seller disclosure document outlines every important detail about a property's condition. If a home is sold as-is, the seller has to disclose information about the utilities, appliances, electrical systems, structural foundations and other features in the house....
When should you sell a home when getting divorced?
If you own a house with your spouse, there is a good chance that it will need to be included in your divorce settlement. The state of Michigan is an equitable division state, so you'll likely receive a portion of any positive equity that you have in the home. This is...
Selling or keeping the home in a divorce
If you are getting a divorce and you and your spouse are Michigan homeowners, you will probably need to decide what to do with the house as part of the divorce settlement. There are different options, and there are pros and cons to them. Keeping the home One or both...
What are grandparents’ visitation rights in Michigan?
Michigan grandparents have certain rights to visitation with their grandchildren. If you're a parent or grandparent, it's important to understand these laws. What are your rights as a grandparent who wants visitation? Grandparents in Michigan can request...
The types of issues facing commercial real estate in 2022
In 2022, the commercial real estate industry faces certain problems that were not present several years earlier. In Michigan, fast technology growth and unknown economic progress are a couple of factors to consider in the real estate business. Remote work More...