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Divorce and Family Law

BINGHAM FARMS FAMILY LAW BLOG

Calculating spousal support

Unlike child support, spousal support is highly adaptable and somewhat unpredictable. Under Michigan law, child support amounts are calculated according to a fairly rigid formula based on the child's needs and the parents' ability to pay. Legally, the need springs out...

Dividing a business in a divorce

The property division stage of divorce requires the parties to list all their assets, separate any separate property from marital property and then divide the marital property according to state law. In Michigan, this means dividing the marital property in a way that...

Dividing debt in divorce

We often talk about property division in divorce as a matter of divvying up the assets. This, by itself, is no simple matter, but there's another aspect of the process that can also be quite tricky, and that is dividing the debt. Yes, under Michigan law, divorce does...

Surviving a grey divorce

Ending a marriage poses financial challenges at any age. But divorce may be especially complicated for couples undergoing a grey divorce. This is a divorce involving couples who are in their midlife or older. Grey divorce Divorce reduces a family wealth by 77 percent,...