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October 2015 Archives

How does House Bill 4480 affect child custody hearings?

During your custody hearing in Clinton Township, Michigan, the judge has some discretion in determining how to divide the rights and responsibilities involved in parenting your child between you and your spouse. In the most recent session of the Michigan House of Representatives, the legislature passed an amendment to the Child Custody Act of 1970 that affects how a judge might evaluate what is in the best interests of the child during your custody hearing.

Cooperation can ease the stress of divorce

Engaging in teamwork with your spouse during your divorce may seem counterintuitive when you are dealing with the emotional strain. At the Law Office of Lorrie J. Zahodnic, we understand that it can be difficult to communicate effectively, and many couples are not able to do it without a third party present. However, according to USA Today, many experts say that cooperation during the divorce process is the surest way to reach a favorable outcome for everyone involved.

Retirement account division in high asset divorces

In a Michigan divorce, marital property is divided equitably between the two spouses based on a number of factors. These include the ability of the spouses to support themselves and the standard of living they are used to. All the assets that are acquired during the marriage are subject to division, and that includes money that is placed in retirement accounts.

Which parent should claim a college student as a dependent?

If you and your spouse are divorcing in Clinton Township, Michigan, and you have a high school or college aged child, you may be concerned about how the divorce will affect your child’s college education. There are tax implications for divorced parents of college students, so it must be decided beforehand which one of you is going to claim your child as a dependent once he or she enrolls.

Who should control a child’s college savings after a divorce?

When you and your spouse go to court in Michigan to determine child custody, financial considerations such as child support are often a primary focus of the proceedings. Another important money matter is your child’s tax-advantaged savings account. It is critical to include the ownership and control of this account in the agreements because it could have a significant impact on your ability to cover the high costs of college tuition, fees and textbooks when it is time for your child to enroll.

Lorrie J. Zahodnic

"I will hold you up until you can stand on your own two feet."

Lorrie J. Zahodnic, P.C. has provided skilled and compassionate legal guidance to Michiganders in family law matters for over 20 years.

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