If you are thinking about filing for divorce and are concerned about how property will be divided, you could consider a postnuptial agreement in order to contract with your spouse about how assets and debts will be distributed if the two of you separate and later get...
Year: 2019
How can I Ensure My Separate Property is Not Distributed in My Divorce?
Anyone who files for divorce in Michigan should be prepared for property division, or the distribution of marital assets and debts. Under Michigan divorce law, marital property is divided according to the theory of equitable distribution. In other words, property is...
What is a QDRO and do I Need One?
If you are thinking about filing for divorce in Michigan, you probably know that part of the divorce process involves the division of marital property. Generally speaking, any retirement benefits that you earned-or that your spouse earned-during the marriage are...
New Study Addresses The Impact of Divorce on Teens
Are younger children or teens more likely to be affected by divorce in Michigan? Many parents assume that younger children will have a more difficult time when they learn that their parents are filing for divorce because they will not be able to understand the...
Update on Shared Parenting Legislation After Your Divorce
If you are in the process of getting divorced in Michigan, or if you are thinking about filing for divorce in 2019, you should learn more about how Michigan law handles child custody issues and minor children in a divorce proceeding. More specifically, you should know...
What Does the Dropping Divorce Rate Mean?
For quite some time, commentators have emphasized that approximately 50% of marriages end in divorce. However, according to a recent article in Time Magazine, that statistic really does not hold true. To be sure, although about half of all marriages did end in divorce...
Avoiding Alimony Taxation After a Divorce in the New Year
For anyone who will be getting divorced in 2019 and likely will be paying alimony, the prospect of facing the tax changes to alimony brought about by the Tax Cuts and Jobs Act (TCJA) can be daunting. In high-asset divorces in particular, the TCJA federal tax law...
How Getting Out of Debt can Prevent Divorce
Many Michigan residents know that money problems often are central to marital problems. While handling financial difficulties properly can not save all marriages, a recent report from NBC News suggests that getting out of debt may be able to prevent divorce in a...
Divorce Myths in Michigan
Almost everybody has a story about divorce, whether it is their own divorce experience or that of a friend or family member. While sharing these narratives can help some people through the divorce process, the continuous imparting of experiential knowledge of divorce...
How Divorce Affects Grandparents’ Relationships with Grandchildren
When a married couple decides to get divorced, we often spend a significant amount of time thinking about how the divorce will affect minor children from the marriage. When we think about kids from a marriage, we typically focus on the children's psychological and...
