If you get divorced and the court orders you to pay alimony, you may find yourself questioning their decision. The relationship is over. Why should you have to pay money -- even on a temporary basis -- to someone to whom you're no longer married?It's a common...
When you go into business with a good friend or relative, it can be tempting to believe that you don't really need to have a formal partnership agreement. But partnership agreements aren't designed to cause disputes. They're designed to prevent them. When an agreement...
If you're facing a divorce, it's natural to think about your finances. It's expensive to split up and start over.But just how expensive? According to the latest figures, Michigan's relatively low cost of living (which is 7% lower than the national average) also...
When a person passes away, their estate is typically subject to probate. Probate is a process that is overseen by the courts and provides a way for an estate to be settled and appropriately distributed in accordance with the instructions of the will.However, probate...
Estate planning is a necessity that, for one reason or another, people tend to put off. They don't do it, even though they know they should. Don't get caught up in this common trap.Why does it happen? The reasons are different for everyone, but studies show that most...
When you have a debt that you have not paid, you will likely receive frequent communication from the creditor or a debt collector that they have hired. Many people who have no intention of paying back the debt ignore such communication. Those who have become...
Problems with money and other financial issues have caused many a marriage to crash and burn. The problem is exacerbated when one spouse is financially naive and unaware of the family's finances.According to the Journal of Consumer Research, if one spouse takes full...
Once you've decided to seek a divorce, the hard part begins -- but, first, you have to get through the process of explaining your decision to your spouse. If you've been fighting a lot, maybe the news will come as a relief. If you're like a lot of couples, however,...
Marriage is a big commitment -- so how do you know when it's time to call it quits? If you're struggling to determine whether your marriage can still be saved or not, here are the signs that a relationship is truly over:1. You're provoking fights. If you find yourself...
When going through a divorce, it is important to understand the difference between marital and separate property. Separate property is not subject to division at divorce, while marital property is. Therefore, the first and perhaps most crucial part of the property...
