Those facing significant financial problems are often confused about the best path to take in order to tackle their debts. There are many businesses in existence that promise to help debtors to pay their creditors; however, they often charge extortionate fees and not...

Month: June 2019
Finding hidden assets in a high-asset divorce
Where the saying "more money, more problems" goes, that's probably never truer than when a couple with significant financial means is getting divorced -- if one half doesn't want to play fair.Many splits between high-asset couples go just fine. Everyone walks away...
Sub-S corporations: What are they and why have one?
A Subchapter S (Sub-S) corporation is a type of business that meets specific requirements laid out by the Internal Revenue Service (IRS). In essence, it allows small companies with a limited number of shareholders (under 100) to enjoy the benefits of incorporating...
Take steps to prevent a disagreement with your business partner
When you go into business with another person, it's critical that you're both on the same page in regard to your vision for the company, professional goals and responsibilities.You're likely to disagree with your business partner every now and again, and there's...
Can you challenge a trustee simply because you can’t get along?
When someone sets up a trust for his or her beneficiaries, they expect the trustee to look after those beneficiaries' interests. Usually, things go pretty much as planned.Until they don't. Sometimes, a beneficiary of a trust (or all of them) may not get along well...
Is it time to file bankruptcy?
You have debts -- but so does everybody else you know, right? Maybe some have gone to collection, but is that really a big deal?If these thoughts sound familiar to you, you've probably convinced yourself that it's normal to have debt collectors constantly hounding you...
What are some of the best reasons to file for bankruptcy?
If you find yourself buried in debt and unable to make any progress, it's time to learn more about filing for bankruptcy. This isn't necessarily the right decision, but the more information you collect, the better you'll understand what to do next.Here are just a few...
Judge rules that commitment ceremony and marriage aren’t the same
What's the difference between a valid marriage and a purely religious prayer ceremony that sanctifies a couple's relationship before God?For one Michigan woman, it's $10,000 a month in alimony for several more years. The woman and her husband divorced after 29 years...
Michigan business accused of misleading mailings
Misleading mailings? What exactly is that, and how could it be a big legal problem for a business?One Michigan company, ANS, Inc., which also uses the name "Workplace Compliance Services," has become the target of complaints by businesses, several attorney generals in...
Keys to courteous, effective communication with your co-parent
Regular communication between co-parents is essential to their kids' well-being. That's particularly true when you share custody. It doesn't have to be face-to-face communication. In fact, if the two of you still have difficulty interacting, it may be best to keep the...