Many Michigan parents have recently parted ways. When a family experiences the life changes that such decisions bring, there is a season of “firsts” that unfolds throughout the year. For those who divorce during late winter or spring, this will be the first summer...

Month: May 2023
Why a spouse may attempt to hide assets in divorce
Untangling a long-term marriage can undoubtedly be a complicated process. Typically, the longer spouses in Michigan have been married, the more their finances, and lives in general, are entangled. When divorce happens, it is not uncommon for a spouse to attempt to...
Bed Bath & Beyond closing Michigan stores in bankruptcy
Michigan consumers in need of linens, bath towels and other household items will have to look for products in stores other than Bed Bath & Beyond, come June of this year. The company has 13 stores in this state, most of which are in Detroit. However, ongoing...
How does a revocable trust differ from an irrevocable trust?
Death is not a subject that most Michigan residents want to discuss. Of course, it’s unavoidable, so it only makes sense to prepare ahead of time. A proper estate plan can ensure that a person’s assets are passed onto their intended beneficiaries. Trusts are great...
What are the 6 bankruptcy types?
When an individual or business in Michigan starts looking into bankruptcy, it will quickly become apparent that there are many types. These types are labeled under “Chapters” and indicate the process that will be undertaken in addressing creditors. The two most common...