Divorce can be a complex process, but being well-prepared can help make it easier. One of the key steps in preparing for divorce is gathering all the necessary documents. This not only helps in providing a clear picture of the marital estate but is also crucial for...
During property division in a divorce, it is common for parties to forget or give little importance to debts compared to assets. However, understanding the allocation of marital debt and how to handle it are vital to achieving a fair and equitable division of marital...
Deciding what to do with the marital home is one of the most significant and emotionally challenging decisions you'll face during a divorce. This decision isn't just emotionally driven—it's also financially complex. Whether you're leaning towards selling or staying,...
When a marriage ends in divorce, one of the most critical issues to address is property division. In Michigan, this process is based on the concept of 'equitable distribution,' which aims for a fair, though not necessarily equal, division of marital wealth....
In this day and age, pets are more than a person’s animal companion. Instead, many people consider them as family. That is why divorces often give rise to disputes about who gets to keep the pet. A matter that falls under the property division Despite a person’s...
Divorce poses numerous challenges, one of the most significant being the division of property. For many couples, the family home is the most valuable asset, both financially and emotionally. Deciding whether to keep or sell the home is often a difficult decision. In...
When going through a divorce, a spouse may feel tempted to hide assets. They could do so out of genuine financial insecurity, or they might simply feel fueled by spite. Whatever the case, many people will hide assets in similar ways, which helps tip their partner off...
Divorce is a difficult situation for many couples, with the division of assets acting as a primary source of stress for a vast majority of them. Some spouses may feel that their soon-to-be ex does not deserve any of their assets. As such, they may try to make it seem...
One of the hardest parts of divorce is the reality of splitting everything you have with your ex. This may include assets, debts, real estate, personal belongings and even time with your children. Knowing how to conduct yourself during this challenging time can help...
You have fond memories of your marital home, and you do not want to give it up in your divorce settlement. Because you must rely on your income alone, you must think about whether you have the financial resources to afford to stay in your home. Kiplinger explores...