Retirement accounts such as IRAs and pension plans can comprise much of a couple's net worth, especially as the couple nears retirement. When retirement assets are hefty, it is especially important to understand property division so that each spouse gets their fair...
When a couple divorces, the home that they once shared typically gets sold while the profits get equally distributed between the two. However, this process is not always viable for real estate investors. If you are a real estate investor in Michigan, you should...
The division of property after a divorce is one of the things that a court decides during the divorce process in Michigan. The court determines a division that is fair between both parties so that you each have an equal amount of property. Sometimes, however, it is...
Facing an imminent divorce means dealing with uncertainty about your future. From not knowing how much time you get to spend with your children to not knowing where you'll be living, divorce can leave you in a state of confusing limbo. Although it may not be possible...
Our pets can be an important part of our families. The moment families bring a furry, lovable little dog or cat home, they become an integral part of the household and the heart. That is why, when couples pursue a divorce, many of them wonder: who will keep the family...
In a divorce, dividing marital property is often one of the most challenging issues spouses face. They must negotiate who gets the house as well as how to divide the assets in their shared checking account. However, property division not only requires spouses to split...
When Michigan couples decide that it is time to get a divorce, determining what to do about the family home could be a difficult decision. If there are kids involved, the primary parent may wish to keep the home to make the transition easier for the children. In these...
Divorcing couples in Michigan who own a home have several options for dividing it, but they should make sure to avoid some common mistakes as well. One error people make is fighting to keep the home only to find out they cannot afford it. Before deciding to take the...
The future can be unpredictable. Michigan couples who want to get married or who are already married should consider making plans for possible situations that may occur in the future. For couples who are currently unmarried, this entails completing a prenuptial...
The property division phase of your divorce need not be the grueling event you envision if you prepare well and approach it in a practical, business-like manner. You can keep conflict to a minimum if you avoid these five mistakes when facing property division. 1....