First and foremost, you should know that bankruptcy will have a negative initial impact on your credit score. It's not going to rise when you file.However, there is a common misconception about this that sometimes keeps people from filing. They think that bankruptcy...
As parents age, children may decide they need to sit down and have a talk about the parents' estate. They may be interested in what they are going to get for an inheritance and what responsibilities are going to come along with it. While children may have to work up...
When you're pulled over or questioned by the police, it's crucial for you to know your rights. You can stand up for these rights and know that the law is on your side, even if the police are attempting to bully you into allowing them to be violated. However, as you do...
You have worked hard to build your business. You don't want a disgruntled employee to dismantle what you have worked so hard to achieve. When you hear that an employee has filed a complaint about you or is taking legal action against your company, your first thought...
In saying that there is a wise way to approach an estate plan, there is an underlying and problematic reality there. According to CNBC, about 64% of people do not even have a will. That being said, the first wise step regarding estate planning is quite simple and...
Michigan may soon be signing a bill into law that may provide some exceptional protections to anyone who reports an overdose, regardless of the substance used. Under the new law, individuals of any age who report an overdose will be exempt from facing any charges of...
We recently shared some basics about what happens to debt when a loved one dies. It isn't just money and assets that some leave behind. Debt is commonplace among households and individuals. When death occurs, what happens to debt? Are you responsible to pay it off?As...
When parents divorce in Michigan, they will usually have to deal with the Friend of the Court for child custody issues. These parents should become familiar with the Parenting Time Guideline, which is used as the basis for child custody decisions.One important...
Very often when there are conversations about estate planning, the talk revolves around the inheritance following a person's passing. Who will get the financial savings acquired during the person's life? Who gets the real estate? Who gets the family heirlooms? How...
Joint ventures provide a way for companies to combine their resources to develop an idea, technology or project. It's different from an acquisition, merger or strategic alliance because there's no ownership transfer. In a joint venture, both partners contribute assets...
