Kline Legal Group P.L.C.

August 2017 Archives

Divorce and Thrift Savings Plans

Federal employees in Michigan who expect to go through a divorce may benefit from learning how their Thrift Savings Plan, or TSP, may be allocated. There are no existing federal statutes that require a former spouse to automatically receive the funds in a TSP account. In order for a former spouse to receive any part of those funds, the couple will have to agree to the division of the funds, or the judge will determine how much is awarded.

Tips about finances during a divorce

In addition to the emotional challenges of a divorce, Michigan estranged couples might also face financial challenges. However, there are steps that can be taken to prepare financially. On average a divorce costs about $20,000, but this does not take into account the costs in the years ahead.

Is your spouse hiding assets?

When Michigan couples begin gearing up for divorce, sometimes things get ugly. One unfair tactic some spouses use is hiding assets to avoid having to share them as part of the marital property division.

Device may help prevent drowsy driving

Although driving while fatigued is not as widely recognized as a danger as driving under the influence of alcohol or drugs is, it is believed to be responsible for up to 6,000 deadly car accidents nationwide each year. However, Michigan motorists may be able to purchase a device that shocks drivers who are dozing off behind the wheel and prevents these accidents from happening.

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Kline Legal Group P.L.C.
483 Little Lake Drive, Suite 200
Ann Arbor, MI 48103

Phone: 734-249-6100
Fax: 734-302-7222
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