Many businesses start out as small side hustles without the intention of growing into full enterprises. It can be a wonderful surprise when a tiny venture starts to grow into a full-fledged business. However, this growth comes with certain questions and risks, too, as...
Many Michigan residents may not be aware that the divorce rate in the United States is declining. In one particular demographic, however, the divorce rate is skyrocketing. In a phenomenon known as gray divorce, the divorce rate for couples over the age of 55 has risen...
Establishing a power of attorney (POA) for health and/or financial matters is an important part of the estate planning process for many Michigan residents. The basic gist of a POA’s role is that it names an individual -- the agent -- who will be designated to act on...
Entrepreneurs in Michigan know how long and hard they have worked to build their companies and businesses into what they are today. Many times, when people ambitiously start a business, they aren’t thinking about marriage or how a future spouse would fit into their...
When people start a technology company, they will face many challenges as they establish themselves and grow. Michigan founders and investors alike should remain aware of their legal exposure as they work to build a company. There are a few areas where legal issues...
To prepare for life’s unknowns, a person must use the knowledge and information they have at hand to formulate the best path forward. This is exactly what to do when heading into a divorce. A divorce can feel emotionally devastating, but there are some things those in...
One of the key tasks people face when creating a comprehensive estate plan is naming their beneficiaries. Beneficiaries are the individuals who will receive the assets left behind in an estate. Naming the right individuals and doing so in the right documentation, is...
When parents in Michigan decide to split up, a major area of concern is almost always what type of custody arrangement will work best for their situation. Sometimes, both parents want sole custody, causing a lengthy child custody battle. These days, though, it seems...
Most married couples in Michigan and elsewhere have encountered problems in their relationships. Many have happy memories but also experience relationship troubles from time to time. In cases where problems seem insurmountable, spouses often decide to divorce, which...
The majority of Michigan residents own credit cards and use them frequently. Credit cards can be a convenient way to buy things, especially large purchases. Since credit cards are so handy, it is incredibly easy to rack up large amounts of consumer debt. Paying down...