Category: Finances
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Can I Consolidate my Child Support Debt in Michigan?(Pt 1)
Unpaid child support can have a profound impact on your finances, and on your future. So what can you do about it? If you owe a lot of money to your ex, or to the state, for unpaid child support payments (called arrears in Michigan), then you need to know that you have options. So,…
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Will I Have to Pay my Spouse’s Credit Card Debt When I Get Divorced?
You wouldn’t believe how often this one comes up in our offices! And it’s hard to blame people for being frustrated about it. After all, being married to someone who’s spent the last few years (or decades!) nickel-and-diming you to death can be very stressful. And it certainly doesn’t seem fair to ask one…
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So Who’s Going to Pay For Your Child’s Medical Expenses After Divorce? (Pt 2)
Welcome back and thanks for joining us again for a chat about which parent is responsible for paying for uninsured medical bills after divorce. It can be somewhat confusing, and some parents have strong opinions about what they believe is far. But in the end, the court has very clear cut rules about how this…
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So Who’s Going to Pay For Your Child’s Medical Expenses After Divorce? (Pt 1)
For divorcing parents, there are a lot of things that need to be figured out as they prepare to part ways. Issues like child support, child custody and visitation, and even sometimes relocation concerns need to be addressed. These are pretty common, and most parents know they’re going to have to spend some time…
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The Top Four Money Tips When Preparing For Divorce (Pt 2)
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…
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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…
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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…
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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. and…
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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…
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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…