Nobody plans for divorce. It's something that happens when a relationship changes, often over time. Not just marital status will change with a divorce, though. Couples plan a future together, which includes assets and wealth.
You have worked hard to build your business and the last thing that you want is for a life event, such as a divorce, to tear down all of your hard work. When you are going through a divorce, it is possible that your business will be impacted by the proceedings if you don't take steps to protect your business.
The D'Onofrio test is used by courts considering custody cases where a parent with sole custody is seeking to move him- or herself out of state with the child or children. This test is used when traditional visitation schedules, such as a biweekly weekend arrangement, are in place for the noncustodial parent. When courts consider these situations, they typically look at three questions.
Do you really need to question your spouse about your finances? What else could there be to know? Discovery during divorce is an important step that both parties need to know about. In Michigan, both parties in a divorce must disclose their assets to the other. This makes the division of assets easier, since you can see how much there is to divide and how it can be done fairly.