Both parties have access to liquid assets. These assets will be divided easily. The separation of assets may not be straightforward. This happens in instances where there is a mix of liquid and non-liquid assets. For instance, when you liquidate a 401(k), its face value might not be accurate. Because taxes will be paid when a 401K is liquidated, its value may be reduced. Early withdrawal fees can apply. You have to ask yourself, how can I strategically divide my … Read More
How Can I Strategically Divide My Assets
Ex Complains They Don’t Have Enough Parenting Time
You and your co-parent get parenting time. In order to ensure that you both have parenting time, you collaborate with your co-parent. Your co-parent is called away for work and leaves you with the kids. You naturally collaborate knowing you may need to request a favor for a similar reason. Your ex complains they don’t have enough parenting time. Click here to watch the video on Ex Complains They Don’t Have Enough Parenting Time – Michigan Law Keep in mind … Read More
Overview of Support Arrears
You don’t pay child support, you have arrearage. It may also refer to the possibility of forgetting to pay child support. Your situation may have changed, which will impact your child support payments. There may be a job loss. It can result in a decrease in pay. You must inform the court. Click here to watch the video on Overview of Support Arrears – Michigan Law You have the right to adjust child support as necessary if your situation changes. … Read More
Overview of Same-Sex Divorce
Same-sex marriage in Michigan became legal and same-sex divorce naturally followed suit. The divorce challenges in a traditional marriage are not similarly felt in same-sex marriages. The laws that regulated traditional marriage now also apply to same-sex marriage. Click here to watch the video on Overview of Same-Sex Divorce – Michigan Law In a same-sex marriage, property division, and asset distribution are also important considerations. Debt division, child support, parenting time, and custody issues still affect same-sex spouses. The legal … Read More
Overview of Paternity
Comprehensive Guide to Boating Accidents in Michigan Who gets to spend time with the kids is at the center of custody and parenting time disputes. Moms are the biological parents of newborns, involvement on their part is only normal. Being a father is not something that comes automatically. Click here to watch the video on Overview of Paternity – Michigan Law A father cannot take part in parenting until paternity has been established. He still needs to prove that he … Read More
Overview of Military Divorce
There are some similarities and differences between Michigan’s military and civilian divorce. Similar because we still have to deal with the same problems as a civilian divorce. Issues like child support, property division, parenting time, and custody are common issues. Issues have to be dealt with in both military and civilian divorce. Click here to watch the video on Overview of Military Divorce – Michigan Law Unlike civilian divorce, the court must deal with one or both parents who may … Read More
Overview of CPS
Abuse and neglect cases are handled by Michigan’s Child Protective Services or CPS. Children will be protected by it. It’s a great idea, but it can have two sides like most legal matters. From the attorney’s perspective, the involvement of CPS frequently extends the legal process. The CPS attorney is going to be involved as well. The CPS adds a new set of proceedings. Click here to watch the video on Overview of CPS – Michigan Law CPS involvement tends … Read More
Overview of Child Support
The law places a lot of importance on child support. It addresses how to make child custody easier. There is only one person in charge. It indicates that the majority of child support is handled by the other party. That child support is being paid by the other party. A few things determine child support. Child support sums are driven by the number of children. What are the parents’ earnings? How many nights will each parent spend? In essence, these … Read More
Where to Start When Filing for Divorce
If you’re thinking of getting a divorce, people will ask where to start when filing for a divorce. Attorneys are not the place to start if you’re still debating whether to pursue a divorce or not. That choice shouldn’t be made with the involvement of attorneys. You ought to have already made up your mind before entering a lawyer’s office. Click here to watch the video on Where to Start When Filing for Divorce – Michigan Law After deciding to … Read More
What Every Business Owner Should Know When Filing For Divorce
You are a business owner who is divorcing your spouse. What every business owner should know when filing for divorce. A business can become a marital asset. It can be a marital asset like any other piece of personal property during the marriage. One may contend that the value of the business is separate when you look at it before marriage. The business will be viewed differently in the context of marriage. Click here to watch the video on What … Read More