Kline Legal Group P.L.C.

Michigan Auto Accident Blog

Dealing with businesses during property division negotiations

Property division negotiations between divorcing couples in Michigan can be especially contentious when a family business is involved. Talks often get bogged down when spouses disagree about what a business is worth, and entrepreneurs may be accused of concealing income or hiding assets. Spouses may also be asked to choose between accepting payment for their share of the company and receiving spousal support based on anticipated future business income.

Businesses can be assessed based on the amount of income they produce or the value of the assets they hold. Coming to a firm number involves closely scrutinizing financial statements and other business documents. In many cases, experts are required to determine how much a commercial venture has appreciated during a marriage. This is important as the value of business assets owned by spouses before they married may be considered separate property and not subject to division.

The dangers of drowsy driving

According to research from the AAA Foundation for Traffic Safety, drowsy driving may play a significant role in auto accidents. Michigan residents and others may be even more susceptible to drowsy driving crashes at night. The study followed over 3,500 people from six different locations at different periods between October 2010 and December 2013. Researchers analyzed data from 701 different accidents, and they found that up to 9.5 percent of those crashes were caused by drowsy driving.

The study used cameras and other types of equipment to gather the data. It also used the PERCLOS measure to determine how often a driver's eyes were closed. While it may be able to estimate how sleepy a driver may have been, there is no official test similar to a Breathalyzer to determine how tired a he or she may be. Furthermore, it may be impossible to determine if a driver was tired if the individual doesn't admit to being drowsy.

The NHTSA and drugged driving

Michigan motorists who are concerned about road safety may be interested in an upcoming summit being held by the National Highway Traffic Safety Administration. The agency is taking strides to address the increase in motor vehicle accidents caused by drugged driving. Handling the issue has become particularly urgent with the widespread use of opioids in the country and the increasing number of states legalizing marijuana.

The agency intends to create innovative solutions to enhance safety and reduce the number of fatalities that result from motor vehicle crashes. The NHTSA is using the summit, which is to be held on March 15, to jump-start its initiative and begin a national discourse about the issue.

3 tips for safe cycling on campus

Going to college means frequently traveling between classrooms, dorms, recreational facilities, offices and performance spaces. Congested streets and limited parking are also common. With all of these circumstances, one of the most convenient ways to make it around campus is by bicycle. 

But while cycling from class to class is convenient, it comes with its fair share of risks, particularly motorists who do not notice you or give you the right of way. So, how can you avoid getting in a cycling collision when you are simply trying to get an education? The following tips will help you improve your safety. 

Divorce can mean splitting a business partnership as well

Divorce can always be a difficult time for Michigan couples. It can become even more complicated when both spouses are part of the same company especially when they are the owners. When married couples own a business together, a divorce can have an array of consequences not only for each partner but for the future of the business itself.

In some cases, people deal with this issue by selling the business and dividing the proceeds or by awarding other assets to make up for awarding the company to one spouse. In other cases, spouses decide to end their marriage but keep the business partnership functioning. Either can work, depending on the relationship between the divorcing partners and the priority each places on the business.

Time limits for reporting vehicle accidents

Whether or not they are at fault, Michigan residents who are involved in a motor vehicle accident should be aware of what steps they should take afterwards and how soon they should take them. It is particularly important that they are aware of the statute of limitations for filing a lawsuit.

There may be situations where individuals may not want to report an accident, such as incidents in which an estimated repair cost may be equal to or less than the deductible. Individuals may also want to avoid having their insurance company increase their rates, especially there is a record of previous claims.

How drivers can look out for pedestrian safety

It can be difficult for drivers to see a pedestrian crossing the street. In some cases, pedestrians don't anticipate a driver running a red light or notice a car coming because of distractions. However, there are steps drivers and pedestrians can take to make Michigan roads safer. For instance, drivers should slow down when they are in parks, school zones or other areas where kids might be present.

Many children forget to look for vehicles or don't understand their obligation to stay clear of oncoming traffic. It's also a good idea to reduce speeds when coming to crosswalks, which are spaces designated for pedestrians. Furthermore, drivers should never take backing out of a parking spot or a driveway for granted. A back-over accident is possible whenever a car is going in reverse; this can occur regardless of how much experience an motor vehicle operator may have.

What to do in a road rage incident

While drivers in Michigan have the ability to control themselves during road rage incidents, they don't control the actions of others. However, it may be possible to take steps to either deescalate the situation or avoid it entirely. For instance, drivers should avoid honking the horn or making gestures toward other drivers if they are cut off. Doing so could only make a potentially angry person angrier.

It may also not be a good idea to slow down or speed up when another driver attempts to pass. This may cut off a passing lane and make an impatient person more likely to lose his or her cool. Ideally, drivers will put on their turn signal and move over as soon as they can. Taking this step may be especially important if the angry drivers are honking their horn or flashing their lights.

Bitcoin can add new wrinkles to high asset divorce

Divorce is frequently complex and emotionally fraught for people in Michigan and across the United States. However, it can also be a complicated financial and practical matter, with serious implications for both parties. When people have significant assets on hand, including businesses, investments, valuable real estate or other wealth, spouses may be highly invested in protecting their assets and emerging from the divorce with their standard of living and resources in place. The rise of bitcoin and other cryptocurrencies has added an interesting wrinkle to the division of property in high-asset divorces.

Throughout 2017, the cryptocurrency market saw a massive jump in value propelled largely by bitcoin. The legal and financial implications of bitcoin ownership have changed dramatically from its earliest days, when the cryptocurrency was easily mined on a home computer and worth very little in traditional currency. Today, however, bitcoin can be considered a property interest like other forms of currency or securities - and an asset of significant value. However, because of the nature of bitcoin, it is easy to transfer and difficult to determine ownership, which can lead to the concealment of bitcoin wealth in a divorce.

Why you should avoid a DIY divorce

If you wish to no longer remain in your marriage in Ann Arbor, you may find yourself eyeing a DIY divorce. As simple as it may seem, it is not always the best solution. If keeping your divorce costs down is a concern, you should consider hiring an attorney. DIY divorces may seem cheaper, but if you have special concerns, a lot of assets or other complicated issues involved, you might want to consider other options. 

DIY divorces can cause a lot of problems with your separation that can haunt you for a long time after everything is final. To avoid the pitfalls of a DIY divorce, consider the following information. 

Email Us For A Response

Contact Kline Legal Group P.L.C.

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

Phone: 734-249-6100
Fax: 734-302-7222
Map & Directions

Contact Our Office

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy