By David R. Dawson | Published February 28, 2022 | Posted in Divorce | Tagged Tags: divorce, helpful actions, marriage dissolution |
Divorce can be emotionally and financially draining even when ending the marriage is in the best interests of everyone. Dissolving a marriage can have long-term legal and financial implications for the spouses and any minor children. Some careful preparation can help make the process smoother, less taxing and more likely to have a productive outcome. Read More
Read MoreDuring the course of your marriage, you may have suffered the loss of a parent or other family member and received an inheritance. Under Michigan law, an inheritance is normally considered the individual property of the spouse whose relative died. This is an exception to the general rule that any asset acquired by either spouse Read More
Read MoreOne of the most contentious issues in a divorce can be the division of marital assets — those deemed to be jointly owned by the spouses. If either spouse owns a share of a business, that share may be considered a marital asset that is subject to division. However, determining the identity and worth of Read More
Read MoreThe definition of family has evolved in the U.S. and with that change has come the legal recognition of parental rights arising from nontraditional relationships. In Michigan, a legal framework called the equitable parent doctrine allows a spouse who is not a biological parent of his or her spouse’s child, but who has raised and Read More
Read MoreMuch of the stress associated with divorce concerns money. From property division to child support to spousal support (alimony), there are many financial issues to resolve. Proactively organizing your financial records ahead of your Michigan divorce can ease some of the pain of divorce. The process of gathering financial information may itself feel overwhelming, but Read More
Read MoreFor many couples, their home is their biggest asset. Thus, it makes sense for people to be worried about how they’re going to deal with ownership of their house when they get divorced. Generally, there are three ways to divide real estate in a divorce. You can sell the house and split the proceeds, one Read More
Read MoreThe thought of losing time with your child is challenging in any case. When custody and parenting time decisions are in the hands of a judge, it can feel like the most important relationship of your life is left to the will of a stranger. But going through a custody conflict in Michigan does not Read More
Read MoreAfter your marriage ends, you may want to start fresh by moving away. Your new financial situation in fact may price you out of the area where you previously lived. However, it is important to know that when it comes to child custody and parenting time, location matters. If you share custody of your child Read More
Read MoreThroughout the United States, the COVID-19 pandemic has changed our daily routine in ways that none of us could have ever imagined. Like everyone else, spouses who are already experiencing the turmoil associated with divorce have been forced to deal with additional challenges. Despite the obstacles, it is important to maintain control over what you Read More
Read MoreMany people have faced a job loss or reduction in income due the coronavirus pandemic. In such a case it might be difficult for an ex-spouse paying alimony or a parent sending child support to keep up with their obligation. As these orders are based on the financial circumstances that existed at the time they Read More
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