It almost goes without saying that your divorce in Clinton Township will bring with it a good deal of uncertainty. While it may be relief to no longer be involved in whatever bitterness may have permeated your marriage towards its end, you may now find yourself...
Property Division
How is insurance impacted after divorce?
During a divorce, most people focus on asset division, alimony, and child support when it comes to financial issues. Insurance is less often considered, although it too can be drastically impacted by a divorce decree. Nerdwallet offers the following information so you...
How is artwork valued during a divorce?
While property division is rarely easy during a divorce, dealing with valuable artwork is particularly challenging. In most cases, couples need to determine how much a piece is actually worth so it can be split between them equitably by the court. Art Law...
How are family businesses handled during divorce?
Running a business with your spouse can be an exciting prospect, that is until you experience problems with your marriage. In this case, you'll need to make some tough decisions about what to do with the business, which can be heart-wrenching when you put so much hard...
What are some mistakes to avoid with beneficiary designations?
Along with many other estate planning tools, beneficiary designations are a crucial part of passing your assets along to heirs after you're gone. They apply to things like retirement accounts and life insurance policies, the proceeds of which will automatically go to...
Divorce, property division and trust beneficiaries
Divorce and estate planning are two legal areas that can be incredibly complicated and stressful. In some instances, these legal topics may become intertwined, which can lead to a great deal of confusion and concerns about one’s financial future. For example, someone...
Could your spouse be hiding assets from you?
Even with the tension that has permeated your relationship with your soon-to-be ex-spouse, you are likely still willing to give them the benefit of the doubt in many areas. While disagreements over the management of your financial resources in Clinton Township may...
How can divorce impact my business?
Often, one of the biggest surprises in a divorce is the impact it has on a business. If you own a business in Michigan and are getting a divorce, then you really have to be aware of what is at risk. The last thing you want is to be unprepared for the divorce process...
Dividing up marital debts
As you enter into your divorce proceedings in Clinton Township, you likely are prepared to have to divide much of your marital property with your spouse. One thing you may not be ready for, however, is to have to split certain elements of your debts. Your hesitancy to...
Withdrawing your portion of a 401k
Getting a divorce in Clinton Township can quite daunting, especially if you were not the primary wage-earner in your marital home. Even with the potential promise of spousal support, you may face an uncertain financial future. You may need to pay for a new home, put a...