When a judge issues a final decree in a Michigan divorce case, it will typically include an arrangement for the custody, parenting time, support, and other details involved with care of a minor child. However, circumstances may change in the months and years after...
Month: April 2017
Michigan Law on Business Interests in Divorce Proceedings
Divorcing couples are encouraged to enter into an agreement regarding distribution of property, but a Michigan court will make a decision if the parties can't compromise. According to the law, assets will be categorized into marital and non-marital property, and the...
High Asset Divorces & Fraud
When couples get divorced one point of contention that is often hotly debated is how their assets will be divided. This is particularly true in high asset divorces because so much is at stake. In Michigan, family law courts charged with distributing a couple's assets...
Prenuptial Agreements vs. Postnuptial Agreements: The Pros and Cons of Each
A prenuptial agreement, or "prenup", is simply a written agreement entered into by a couple in contemplation of marriage. Each prenuptial agreement is different, but these contracts generally dictate how the couple's assets and future earnings will be distributed in...