The dissolution of a marriage often comes as a shock. Spouses in Michigan never marry assuming they will eventually divorce. Divorce can bring many changes, from an empty house to quieter meals. For those with children, new parenting schedules could mean spending days...
When people think about estate planning, often they are most concerned with assets. But many wonder what happens to liabilities, or debt, when a person passes away. Individuals with credit card debt, or those responsible for executing the wills of individuals with...
As difficult as it is to think about, every person will die, so it is important to have a plan in place to protect familial assets when this inevitable event occurs. For those in Michigan who have an estate plan, it may be time to review and update some documents....
The dissolution of a marriage can no doubt be stressful both emotionally and financially. Unfortunately, making bad moves during the divorce process can have negative impacts with long-ranging repercussions. Here are a couple of important mistakes to avoid making when...
A marital breakup is often a tumultuous time. For most Michigan parents who go through a divorce, their main concern and objective is the safety and well-being of their children. Even though the parents are going their separate ways, they still want to ensure that...
The process of selling a business can be intense, especially for owners who have put so much of themselves into growing their company. From valuation to payment structuring to the fate of existing personnel, there are many things to consider when selling a business....
Whether it’s expected or not, ending a marriage is one of life’s most emotional experiences. However, as difficult as divorce is emotionally, it can be even more challenging financially. Long before child or spousal support is awarded or a post-divorce budget is...
Declaring bankruptcy may seem like an “end” of sorts, but for most people who file, it is actually more like a new beginning. Although bankruptcy is an opportunity for those looking to rebuild their financial life, it can also be quite daunting. A strong plan,...
When parents in Michigan divorce, it is fairly common for both parents to want primary custody of the children. Unfortunately, this type of scenario may set the stage for a lengthy and contentious child custody battle. When it comes down to it, a long and expensive...
When it comes to estate planning, many people have a vested interest in making sure the maximum amount of their estate goes to their intended beneficiaries. Some also have specific intentions for how that money should be used or under what circumstances it should be...