April 10, 2020

Funds, Property and Debt in a High-Asset Divorce

Property division is the common thread amongst all divorces in America, with few exceptions. While some divorce cases may involve other issues as well, such as child custody, child support and alimony, every divorcing couple will need to figure out how to divide their assets and debts. As they do, they will need to be […]

Read More

April 2, 2020

Who Gets the Family Pet in a Divorce in Michigan?

A majority of families in Michigan have a family pet like a dog or cat. These animals are often seen as members of the family and they are treated as such, many times lovingly referred to as “fur babies”. When a couple decides they no longer want to be married who gets the animals can […]

Read More

March 4, 2020

Advantages and Disadvantages of Litigation

Some people in Michigan who are getting a divorce might find themselves at an impasse with a spouse over property division or child custody. At this point, they may be facing a choice of whether to settle or go to litigation. There are a few factors to consider. Cost and time can both be significant. […]

Read More

February 17, 2020

Why Divorce Rates for Older Couples Are Increasing

The divorce rate for people over the age of 50 doubled between 1990 and 2010. Michigan couples who end their marriages after turning 50 are said to be going through a gray divorce. One of the primary reasons people get divorced later in life is because they aren’t emotionally connected with their partners. Therefore, they […]

Read More

January 22, 2020

How Distributions From an IRA Can Be Affected by Divorce

Divorce is on the rise for older adults in Michigan and nationwide, and this can mean that they have accumulated a substantial amount of retirement savings. There are regulations around dividing retirement accounts in the process. In some cases, a document called a qualified domestic relations order is required. This is not necessary for an […]

Read More

December 24, 2019

How to Negotiate a Prenuptial Agreement

A prenuptial agreement can be a good idea for some Michigan couples. It can protect them in case they divorce and make the process of property division less difficult. However, it is important that both parties are involved in creating the prenup and that it does not leave either of them at a significant disadvantage. […]

Read More

November 1, 2019

Tips for Managing Finances Through a Divorce

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 […]

Read More

October 16, 2019

The Importance of Prenups for Business Owners

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 […]

Read More

October 4, 2019

Is Your Spouse Hiding Money From You?

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 […]

Read More

September 17, 2019

Is an Inheritance Divided in a Divorce?

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, […]

Read More