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...
Year: 2023
Tips for effective communication when co-parenting
Divorce can be turbulent for any family, especially when children are involved. While deciding to part ways might be the best choice for some couples, it’s essential to remember that children are often caught in the crossfire of emotions and decisions when parents...
Can a will be contested in Michigan?
Family members often feel profound gratitude when they verify that someone who recently died had a will. When someone dies without a will, all kinds of legal and interpersonal headaches and conflicts may quickly develop. Family members may fight, and the transfer of...
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...
Who can override a power of attorney?
The creation of a robust estate plan often includes documents intended to support someone during a medical emergency in addition to testamentary documents that only take effect after someone dies. Advanced healthcare directives can provide crucial guidance regarding...
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...
How is child custody determined in Michigan?
Child custody is a critical aspect of family law that determines the legal rights and responsibilities of parents regarding the care and upbringing of their children. In Michigan, as in many other jurisdictions, the courts prioritize the child’s best interests when...
Tips to make co-parenting go more smoothly
Child custody issues often cause disputes or stress between co-parents. Even when they’re trying to get along, things just don’t always work out as smoothly as they would like. In some cases, parents actively work against each other because they’re just not on good...
What is a springing power of attorney?
A power of attorney is a document that you can use to grant specific legal power to someone else. This person is then known as your agent. They’re able to take certain actions on your behalf that they wouldn’t have been able to otherwise in the event that you suffer...