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April 2017 Archives

Divorce happens for many reasons, studies show

A fairy-tale wedding does not always mean happily ever after. In fact, some studies show that the more a couple spends on a wedding, the more likely they are to end in divorce. The reason for this may be that many couples -- who now spend an average of $26,600 on a wedding -- may also have student loans and other debt that causes tension and strain between the new husband and wife. However, fancy weddings may not be the only predictor that a Michigan marriage will not end happily.

The emotional rollercoaster of child custody battles

It is likely that you have spent recent years attending to the needs of your children. This may have involved a combination of working hard to provide the necessities of life and happily spending time nurturing and teaching your little ones. The bond between a parent and child can be strong. This is why the child custody battle you are entering may be stirring emotions you have never felt.

The upside of divorce

When people talk about divorce, they usually focus on the negative aspects. They talk about fighting over the kids and complain about an unfair settlement. They speak of the emotional distress and having to start over. What they do not talk about are the benefits of being divorced.

A year later, Prince estate offers lessons re wills and trusts

One year ago, music fans in Michigan and the rest of the world were shocked to learn of the death of Prince. While the tragedy of his drug overdose caused many to shake their heads, it is the condition of his estate that continues to make headlines a year later. Without considering wills and trusts to disperse his hundreds of millions of dollars in assets, Prince left a legal nightmare and a probate that is now in its 12th month.

Estate administration and probate can be simplified with a plan

People who have the habit of making daily to-do lists know that there is almost nothing as satisfying as crossing something off the list after they have completed the task. The satisfaction may be even more rewarding if the task was particularly difficult or uncomfortable. However, one task that many people in Michigan fail to add to their lists is the completion of an estate plan. Failing to give this matter importance on the list of priorities often leads to frustration for heirs during estate administration and probate.

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