Going through a divorce can be a traumatic and stressful experience as ending a marriage often creates chaos in a person’s life over personal, emotional and financial well-being. One way to take some control over the process and reduce anxiety is to prepare on the...
high asset divorce
Why is gray divorce becoming more common?
In decades past, it was almost unheard of for an older couple to get divorced. Now, however, more and more gray couples are choosing to end their marriage later in life. In fact, since 1995 the divorce rate for Americans over the age of 50 has more than doubled....
Why it’s important your divorce attorney knows the local court system
When you are going through a divorce, you have a lot of important concerns on your mind. If you’re a parent, one of the top ones will be how the divorce will impact you and your children – emotionally and financially. If you’ve taken time off from your career to raise...
When should you settle a divorce or go to trial?
While most divorcing couples in Michigan understand that working together to find an acceptable divorce outcome for both parties will be a faster and less expensive process, it’s not always that easy. Sometimes, going before a judge is the only feasible option when...
Dividing a family business during a divorce in Michigan
Owners of a family business operating in Michigan may require legal assistance when going through a divorce to protect and maintain the company's revenue. Assets and property acquired during a marriage in the Wolverine State belong to both spouses, which they...
Small business owners and property division in divorce
When people in Michigan decide to divorce, the financial impact can be long-lasting and severe. However, business owners may have unique concerns about their particular situation. A small family business may be the largest asset owned by a couple, and it may also...
What to know about houses and divorce
Deciding what to do with the family home is one of the biggest issues facing most people who get divorced. However, there are questions that Michigan homeowners and others should ask before taking a home in a divorce. The first thing that a person needs to determine...
The difficulties cryptocurrencies present to divorce lawyers
Ever since their introduction back in 2008, cryptocurrencies have had a major impact on the financial and legal worlds. For instance, upon shooting up to around $20,000 a coin, bitcoin has become an alluring investment for anyone looking for a high-risk, high-reward...
Benefits of prenuptial agreements for second marriages
Many people in Michigan end up divorcing and getting remarried later on. While people might not think about entering into prenuptial agreements when they get married the first time, having one before entering into second marriages after the individual spouses have...
Avoiding a messy high-net-worth divorce
Not every high-net-worth divorce generates much watercooler talk in Michigan unless this type of split involves the head of one of the biggest online retailers in the world. Amazon founder Jeff Bezos and his wife of 25 years announced plans to end their marriage...