Entrepreneurs can find themselves in a particularly vulnerable position during a divorce. Depending on the agreements involved, the businesses that they worked so hard to build could be in jeopardy as they work towards a division of property. However, a bit of...

Michigan And California Law Blog
The benefits and downsides of bankruptcy
In Michigan and beyond, financial crises have been on the rise in recent years. For some, a key factor to restoring stability lies in filing for bankruptcy. There are pros and cons to such programs, which every individual should consider before filing for...
How can you prioritize self-care during a divorce?
Going through a divorce is an important endeavor. Regardless of the nature of the divorce—whether amicable or acrimonious- the paperwork and the meetings can affect both spouses’ emotional and mental bandwidth. In Michigan, spouses are not required to prove anything...
When should I pass on being an estate executor?
Losing a family member can be overwhelming and stressful. The surviving immediate family might undergo various procedures related to the death and legalities regarding the deceased's estate. Fortunately, a standard process exists to address these needs under state...
The importance of having a last will and testament
Since death can be unpleasant to think about, too many people avoid planning for this inevitable event. It is a common misconception to think that only those who are near death need a will, but this is far from the truth. Here are some reasons why a last will and...
Avoid summertime blues from child custody problems
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...
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...