Category: Finances
-
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…
-
Should You Insure Your Spousal and Child Support Payments? (Pt 2)
Welcome back and thanks for joining us again for the rest of this discussion on spousal and child support insurance. As we explained in the previous article, it’s possible, and often recommended, that you ensure your spousal and child support payments. Between job loss, disease and injury, and untimely death, there are many reasons…
-
Should You Insure Your Spousal and Child Support Payments? (Pt 1)
Insuring your car, your home, and your life are common precautionary steps that many people take to make sure they’re protected in case of disaster. But did you know you can insure your spousal and child support payments as well? No? Well, you’re not alone, many people don’t realize that it’s possible. And yet…
-
Will Michigan Help me Collect Child Support From Another State?
When a single parent takes a job in another state, or has to move cross-country to care for an ailing parent, one of the challenges they deal with is the issue of child support. How can they collect child support payments when they no longer live in the same state where the other parent…
-
How to Avoid Destroying Your Credit During Your Divorce
Divorce isn’t cheap – that’s old news. But while your split is likely to put a dent in your savings account, it doesn’t have to leave you in the poorhouse! Just because your marriage didn’t work out, doesn’t mean you need to sleep in a box under the overpass, or end up at the…