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...

Month: November 2022
Safeguarding retirement plans in a late-life divorce
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...
What everyone should know about powers of attorney
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...
Prenuptial agreements can be crucial for entrepreneurs
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...