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Posts tagged "property division"

Founder of Citadel and wife embroiled in high asset divorce

For people in Brighton, a high asset divorce may have more issues for a couple to deal with than a divorce between people of more modest means. It's more likely that there will be a dispute about property division and alimony if there is more at stake. Oftentimes, there may be prenuptial agreements that have been signed -- but sometimes the agreements are contested or the circumstances of the marriage changed after the agreement.

Financial matters in divorce and their effect on women

Divorce can prove to be contentious for some Michigan couples. For instance, financial matters can be a source of great contention. In most cases, especially in contested divorces, the courts will take the lead on how to divide finances in divorce. Depending on the applicable divorce guidelines, there are different ways in which the court can view money distribution in divorce. Who gets what monetarily is mostly up to the courts.

Actor's failure to pay spousal support could mean trouble

Coming to the end of a marriage is difficult in many ways. First and foremost, ending a relationship can be extremely emotional and can also be volatile, especially if children are involved. Once a marriage ends the family dynamic changes forever and each person in that family has to deal with the aftermath of divorce. Coupled with the emotional toll that divorce can bring there is also the financial part of divorce that the parties have to handle. Child support, spousal support, alimony, asset valuation and property division are all topics of discussion in a divorce, and are all things that need to be addressed and rectified before a divorce is finalized.

Understanding property division and other factors in a divorce

Couples in Brighton who decide to part ways have a great deal to consider when moving forward with a divorce. Divorce legal issues can be complex and what might sound like a good idea in the present isn't the best plan for the future. When there is property division at stake and factors such as retirement accounts in dispute, understanding the various calculations that must be made can be a key to a satisfying and equitable division.

Unmarried couples may reap financial benefits by marrying

It is no secret that marriage brings financial as well as emotional benefits. With the passage of same-sex marriage laws in many states, same-sex couples that are unmarried may want to consider getting married for financial reasons.

Rapper and wife decide to nix their divorce

Filing for divorce is a major, life-altering decision. It is not one a couple comes by lightly. After pledging to spend life with someone else and raising a family together, to just call all of that quits is an extremely difficult decision to make. However, divorce happens a lot in today's society. Upon making the decision to divorce there are a number of matters that need to be resolved legally between the parties. For instance, some of the issues at hand in a divorce are: alimony, custody, child support, property division and visitation. These are all pretty important topics that may require legal attention.

Famous Michigan director will have his hands full with divorce

Divorce is usually difficult for anyone and everyone that has to go through it. The emotional toll that divorce takes on a couple is exhausting, stressful, anxiety-ridden and sad. Even after the emotional struggles that accompany a divorce are overcome, all of the particulars that go with a divorce have to be addressed. Particulars in a divorce consists of issues like property division, asset valuation, alimony, child support and child custody, which all require resolution. Sometimes the courts are quite instrumental in the way in which these issues are handled.

Divorce and social security may go hand-in-hand

When getting a divorce, so many things have to be addressed, especially if the parties to the divorce have been married for a while. The longer a marriage lasts, the more things the divorcing party has to deal with. The big-ticket items like property division, asset valuation, child support and child custody are often at the forefront of divorce proceedings. Moreover, prenuptial agreements may take care of a lot of the money matters in divorce. However, there are other aspects of divorce that may go unnoticed and under the radar, like dealing with social security benefits.

Money talks in Michigan divorce cases

Divorce is an emotionally stressful time for all involved, including the families of the parties in the divorce, their children and their friends. Mostly everyone who is related or in some way attached to the couple getting a divorce is affected. With that being said, however, the only thing that may be more stressful is the money aspect of a divorce. At the end of the day, divorce can center on finances just as much as it centers on emotions. Emerging from a Michigan divorce financially stable is a helpful goal to have.

Baby boomers are not immune to divorce

Because divorce is so common, it sometimes acts as a deterrent to marriage. It is difficult to go into something so emotional that has a chance of ending. Not only is divorce extremely emotionally charged for the parties involved, but it is also very difficult for the families of the divorcing parties because divorce causes those relationships to come to an end, as well. Emotions loom large in divorce, no matter the reasons behind it or how long the parties were together. The ending of a marriage is always a sad time to some degree.

Law Offices of Harris & Literski
123 Brighton Lake Road, Suite 205
Brighton, MI 48116

Toll Free: 866-413-1606
Phone: 810-626-3281
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