Kline Legal Group P.L.C.

January 2017 Archives

Costs when dividing a 401(k) in divorce

Spouses in Michigan who are divorcing will need a document known as a Qualified Domestic Relations Order if they want to divide a 401(k) account. Unfortunately, the costs for preparing such a document could be anywhere from $300 to $1,200 and more. Often, these fees are imposed by third party administrators.

Report looks into pedestrian deaths

Many Michigan residents walk along busy streets every day to get to work or run errands. According to a report from Smart Growth America, pedestrians are more at risk for being killed by cars if they live in poorer neighborhoods. Pedestrian deaths are also disproportionately higher among minorities, the elderly and people without health insurance.

Protecting finances in divorce

In Michigan, couples who are divorcing often think about the associated emotional issues while giving secondary consideration to their financial issues. It is important for you to think about the financial factors that your divorce will involve, however. By taking steps to protect your financial interests, you may be able to avoid financial distress later on.

Social Security benefits and Michigan divorces

When older people go through the divorce process, the focus of negotiations is usually on the division of financial assets and real property. The division of retirement assets may be a very important topic for divorcing spouses that are nearing retirement age. In addition to splitting up the retirement savings and investments, divorcing spouses may want to determine how their Social Security benefits will be affected.

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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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