Category: Finances
-
Is my Spouse Hiding Assets From me During The Divorce Process? How Can I Tell?
Hiding assets during a divorce is a big no-no in Michigan! Because we’re an “equitable distribution” state (which means that our family law courts try to divide a divorcing couple’s assets as fairly as possible.) Each spouse is legally entitled to a portion of their combined assets. But that doesn’t necessarily mean you each get…
-
Important Tax Topics Your Michigan Divorce Attorney Needs to Discuss With You (Pt 1)
Divorce is a busy time, and we know you’re going to have a lot on your plate right now. Which is one of the reasons a good divorce attorney brings up those very unexciting-sounding topics, like taxes, that need to be figured out. You may want to focus on “the important stuff” like alimony and…
-
Representing Yourself in Your Divorce is Probably Going To Be Very Expensive!
We’ve talked about this before – why representing yourself in court is almost always a pretty terrible idea. But like everything in life, if it’s important it’s worth revisiting. And this is definitely important. Because what you do and say in court during divorce proceedings doesn’t just impact your life now and in the immediate…
-
Important Things Parents Miss When Making Child Support Decisions
Parents involved in a divorce have a lot on their plates to figure out and plan ahead for. There is so much paperwork to wade through, and so many decisions to make, so should come as no surprise that sometimes things slip through the cracks. However we’d like to help you figure out one of…
-
Don’t Forget to Change Your Life Insurance Policy After Your Divorce!
There’s a whole lot to think about and deal with when you get divorced. The paperwork alone can be extremely overwhelming. So it’s no surprise that people forget to deal with important things in the wake of their divorces. Many of them are burned out, and many simply forget because they have so much on…
-
What Happens if I Forget to Change my Will After The Divorce?
Picture this… You’ve passed away (hopefully peacefully in your sleep) and your family and loved ones are gathered around a desk in an attorney’s office somewhere, waiting to discover what you left to whom. Perhaps you get a chuckle out of picturing the facial expression of that one money-grubbing relative you intentionally left out of…
-
I Think my Spouse is Hiding Assets Before The Divorce! What Can I do? (Pt 2)
Hi there and welcome back. We’re glad you could join us for the wrap up of this discussion about what to do if your spouse is hiding assets, and why it’s such a bad idea in the first place! As we mentioned before, hiding assets, or setting some of your money aside so you don’t…
-
How do we Divide 401Ks, retirement funds and IRAs When You Get Divorced in Michigan? (Pt 2)
Hi there and welcome back. We’re glad you could join us to wrap up this discussion on the best ways to divide up your various retirement accounts and annuities when you get divorced. And yes, we know – reading about how to deal with finances isn’t the most exciting thing you’re going to do today.…
-
How do we Divide a 401K, retirement funds and IRAs When You Get Divorced in Michigan? (Pt 1)
We get it – dealing with the more complex financial aspects of a divorce can be very overwhelming. Trying to figure out how a particular financial decision affects your future security, or what the tax implications are of choosing to keep or release a particular financial asset aren’t going to be the most exciting subjects…
-
Can I Get my Child Support Modified During The Shutdown in Michigan?
The unprecedented spread of the Covid19 virus has led to major changes in the way we live life, both here in Michigan, and on a national and even global scale.And for people who pay child support to their exes, this can be a significant issue, especially when so many people are suddenly jobless, or earning…