Most divorces cases reach a negotiated resolution, meaning that the parties involved avoid costly and time-consuming litigation. This can be a beneficial to you for a number of reasons, but you should realize that just as much preparation needs to go into your...
Property Division
What’s your life insurance got to do with your divorce?
Life insurance is one of those things that people often buy about the time they start a family. Then, they tend to forget about it unless something serious happens.If you're heading toward a divorce, however, your life insurance policies need to be evaluated...
Should you try to keep the house in a divorce?
So, you're getting a divorce. It happens. Now you have to decide what to do with the biggest asset you and your spouse share: your house.Should you try to keep it? Before you make that decision, here are the things that you need to consider: 1. How much of this...
What happens when your ex-spouse won’t surrender your property?
A divorce decree is a legal document that represents orders from the judge and court. However, some people seem to think that they can just ignore any part of the decree that they don't like.This often happens in high-asset cases when one spouse has been ordered to...
Divorced man told to share lottery winnings with ex-spouse
A Michigan appeals court has just ruled that marriage is a "share and share alike" situation until the divorce is final. For one resident, that means that he's obligated to split the proceeds of an $80 million lottery ticket that he bought while living apart from his...
Michigan divorce involving Islamic couple sets precedent
A prenuptial agreement is a prenuptial agreement -- even if it goes by a different name.That's basically what a judge decided when asked to rule whether a Detroit man was obligated to pay his divorced wife $50,000. The money was part of the couple's marital agreement,...
Don’t overlook the value of digital assets in your divorce
Years ago, "dividing up the vinyl records" was a big sign that a relationship was truly over -- and splitting a significant collection of music could spark a serious fight in a divorce.Now, you might find yourself fighting with your spouse over who has the right to...