Welcome back! We’re discussing the issue of money in divorce, which you will probably agree is a big deal. However, money doesn’t just play a role in causing divorce, it also tends to complicate the divorce process itself. Why? Because assets and debts need to be divided when a couple ends their marriage, and […]
Archive | Finances
The Top Four Money Tips When Preparing For Divorce (Pt 1)
Money is often one of the major causes of divorce, but once a couple has started the divorce process, money remains a significant issue. This is partly because the divorce process itself is expensive, and partly because a couple’s money and assets have to be divided during the divorce process. So however you choose […]
How Artificial Intelligence is Changing The Way Hidden Assets Are Located in Divorces (pt 2)
Welcome back and thanks for joining us. We’ve been talking about forensic accounting, and how the use of artificial intelligence is becoming more and more common in tracking money during divorces. As we mentioned in the previous article, forensic accountants step in when there are hidden assets that need to be found, or when […]
How A.I. is Changing The Way Hidden Assets Are Located in Divorces (Pt 1)
Usually, when you hear about artificial intelligence, it’s because you just watched a good (hopefully) sci-fi movie. Or maybe you just read an alarmist article about how the future of the human race is uncertain, due to the development of new robotics technology. What you don’t usually think about is divorce. Why? Because A.I. […]
Financial Infidelity: Can Cheating on Your Bank Account Cause Divorce? Pt 2
Welcome back. We’ve been talking about whether or not cheating on your bank account, or hiding money and credit cards from your spouse, can cause a divorce. As it turns out, many people think it can. In fact, as we pointed out in the previous article, A full 31% of married people believe that […]
Financial Infidelity: Can Cheating on Your Bank Account Cause Divorce? (Pt. 1)
If someone said the word “infidelity” to you, you’d probably think about a husband sneaking around behind his wife’s back with his assistant. Or a wife having an affair with her neighbor. What you probably wouldn’t think about is someone sneaking off on secret shopping trips without telling their spouse. And yet financial infidelity […]
How Much Alimony am I Going to Have to Pay After my Divorce (Part 2)
Welcome back and thanks for joining us again for this look at alimony in Michigan, and what you can expect after you get divorced. As we pointed out in the previous article, Michigan doesn’t have a nice, neat equation for figuring out spousal support the way they do for child support. Which means that […]
How Much Alimony am I Going to Have to Pay After my Divorce (Part 1)
Alimony can be a touchy subject for divorcing couples. Knowing you’re going to fork over cash to support your ex after they leave you can be galling. On the flip side, knowing that your ex is making off with the majority of the earning power but is still fighting about having to help you […]
Everything you need to know about the Alimony Recapture Rule 2
Welcome back and thanks for joining us again as we wrap up this discussion on the alimony recapture rule. In the previous article, we looked at exactly what the alimony recapture rule is, and how it could affect you in the future. Moving on, we’re going to discuss the exceptions to this rule, and […]
Everything you need to know about the Alimony Recapture Rule 1
Have you ever heard of the alimony recapture rule? No? Well, you’re certainly not alone. However, like back taxes and lawsuits, it’s the kind of potentially awful situation that you need to be aware of. So that if it ever crops up, you’re prepared. However, if we can just take this moment to remind […]
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