It seems that the divorce rate in the United States is slightly decreasing when it comes to younger couples, but it is on the rise for couples who are 50 years and older. One factor that contributes to some Michigan divorces is financial problems. There are several steps that individuals can take to reduce the financial fallout that comes from…
Michigan newlyweds may not have a lot of money or other assets when they first tie the knot. However, this doesn’t mean that they won’t acquire assets in the future that they would like to account for. For instance, someone who starts a new company may want to claim ownership of it and protect any revenue generated while they’re married.…
Michigan residents like you who decide to get a divorce already have enough on your plate. What you don’t need is the additional stress that can come from a spouse attempting to hide assets from you. Today, Lisa Stern, Michigan Family Law Attorney, will talk about what that might look like. Unfortunately, it isn’t uncommon for a spouse to attempt…
Property division during a divorce in Michigan is never an easy task, but it becomes even more difficult if either you or your spouse are the recipient of an inheritance. Generally speaking, the court regards an inheritance as separate property belonging solely to the individual named in the will. As is often the case, however, exceptions can apply. It depends…
With so many children in Michigan returning to class for a new school year this September, you might think that parents get something of a break after a hectic summer. However, we at the law office of Lisa Stern know that back-to-school time poses its challenges, especially if you are trying to co-parent with an ex-spouse. Some of the most…
When older couples in Michigan think about the impact of divorce on children, it’s usually the young children they’re considering. But just because your children are adults, that doesn’t mean that they can’t be impacted negatively by your divorce or the way you handle it. The Guardian examines some of the unique hardships that adult children may face during their parent’s split.…
If you and your spouse have been struggling to keep your marriage together and finally decided that doing so is no longer possible, you now have to decide how to let others know of your choice and the changes that will be ensuing. For parents of children who are three, four or even five years old, this requires a good…
Any person in Michigan who has ever been divorced knows firsthand the type of financial losses that one can endure through the end of a marriage. However, some information has been showing that the financial hardships associated with divorce may be particularly pronounced for women who have gotten divorced after the age of 50. In fact, this group may even have…
If you are like many couples in Michigan, your family home is one of the largest and most valuable assets you own. It is also likely the asset to which you or your spouse attribute the strongest emotional tie as this is where you live and raise your children together. This, however, should not be the reason that you let…
As a couple in Michigan who has decided that divorce is the right thing for you, you may also be wondering how to deal with your assets. The more assets you have, the more potentially complex your divorce could become. Findlaw has some legal guidance for people who are handling high-asset divorces, along with their related hurdles. The first tip is to…