On the whole, the number of divorced adults living in Michigan is about 9%. But this reality is not reflected evenly across the entire state. For example, in East Lansing, there is just 2% of the population is divorced. But in other parts of the state, the rate of...
Divorce
What is sudden income deficit syndrome?
Divorce can be a minefield, and it can get even trickier when a family business is in the mix. Enter sudden income deficit syndrome (SIDS) – a term you might not find in your typical finance textbook, but one that can be critically important in divorces involving a...
What is a commingled financial asset?
For some couples, the biggest questions they have during a divorce revolve around their children. They know that they need to split up parenting time and allocate decision-making power. They have to set up a schedule and determine how they can coparent moving forward....
Tips for talking to children about a divorce
Explaining a decision to divorce to children is a delicate and challenging task that requires sensitivity, empathy, and clear communication. It's essential to prioritize their emotional well-being and provide a safe space for them to process their feelings. With that...
How can hunting land impact a Michigan divorce?
Michigan offers numerous opportunities for hunting. Whether someone is a bow hunter and pursues turkeys to stock their deep freezer or is a seasonal hunter on the watch for a big trophy buck, having a plot of hunting property makes it easier to enjoy one's hobby...
Must couples divide retirement savings when they divorce?
One of the first concerns people voice when they start discussing the practical consequences of divorce is what property they may lose or need to divide with their spouse. Real property and financial assets are often the resources that demand particular attention as...
Are there any alternatives to divorce in Michigan?
If you no longer want to be married, divorce is the standard option. You have to go to court, and there might be a waiting period. Couples without children typically require at least 60 days to go from filing initial paperwork to a divorce decree, and couples with...
Will Michigan’s adultery law affect your future divorce?
Adultery or marital infidelity is a violation that can destroy your trust in another person and lead to the end of your relationship. Most people don't treat adultery as seriously as they should given the psychological and financial damage it can cause for the person...
Can I file for divorce without hiring a lawyer?
In the age of the internet, many people feel like they can do the work of other skilled professionals. However, many people have learned the hard way that simply watching a video tutorial online about replacing pipes in their home does not result in a leak-free end...
Am I responsible for my spouse’s debt?
Marriage may be about love, but divorce is (most often) all about finances. You don’t realize exactly how much a marriage is like a business arrangement – until you’re suddenly deep into the process of dividing up the marital assets and debts. It’s the debts that...