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You may have experienced a perfect wedding day and planned to spend the rest of your life with your spouse. However, many marriages experience difficulties that make it feel impossible to continue, and divorce becomes the best outcome for one or both of you. Michigan...
When a marriage starts to fall apart, both spouses may focus almost exclusively on their current problems. Separating from one another and filing for divorce could be the two most critical steps, but the spouses may benefit from looking ahead. A final divorce decree...
Parents in Michigan who are going through a divorce might worry about how the split might affect their children’s higher education. Without a plan, it might be difficult to save money to cover tuition, room, board and other financially-related costs. However, they...
Those who are more advanced in years may want to have a different approach to dividing their assets in a divorce than younger couples because they often have different things to think about. But this process is also different because of what these couples don't have...
No one ever wants to go through a divorce in Michigan, but it is something that happens all too often. If you are going through a divorce, it is important to have a plan in place. This means having a divorce planning checklist. Some of the most important things this...
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...
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...
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...
A divorce might involve freezing financial assets during the proceedings. If both spouses hold joint accounts, either spouse may withdraw cash or sell stocks at will. Doing so could complicate the proceedings when the spouses are negotiating asset distributions, so...
Filing for divorce in Michigan influences the finances of both spouses. What you might find as a central conflict in your divorce are disagreements with money. How both of you will live your lives after your marriage ends depends, in part, on how you settle your...