Michigan residents who plan to get a divorce should know that due to the passage of the Tax Cuts and Jobs Act, they will not be able to deduct any alimony they have to pay to comply with separation of divorce agreements that become effective in 2019 and later. For the...
Month: May 2018
Understanding Michigan’s stepparent adoption process
If you live in Michigan and are already playing the role of mother or father to a child who is not biologically yours, you may be considering trying to adopt your stepson or stepdaughter to expand your rights and cement the family bond. Becoming an adoptive stepparent...
Financial planning an important element of divorce process
Many financial decisions will confront couples in Michigan who choose to end their marriages. Although people have long recognized the appropriateness of legal advice when seeking divorces, consultations with financial planners have become increasingly common,...
An estate plan can benefit everybody in a family
While estate plans can help Michigan residents protect their assets while alive and after death, they can cost money to create. The amount of money that a person may spend on their plan depends on their needs. However, it is advised that those who are looking to hire...