When going through a divorce, a spouse may feel tempted to hide assets. They could do so out of genuine financial insecurity, or they might simply feel fueled by spite. Whatever the case, many people will hide assets in similar ways, which helps tip their partner off...
Property Division
Can your spouse hide money digitally?
Divorce is a difficult situation for many couples, with the division of assets acting as a primary source of stress for a vast majority of them. Some spouses may feel that their soon-to-be ex does not deserve any of their assets. As such, they may try to make it seem...
Property division: keeping yourself in check during divorce
One of the hardest parts of divorce is the reality of splitting everything you have with your ex. This may include assets, debts, real estate, personal belongings and even time with your children. Knowing how to conduct yourself during this challenging time can help...
What should you consider if you want the marital home in divorce?
You have fond memories of your marital home, and you do not want to give it up in your divorce settlement. Because you must rely on your income alone, you must think about whether you have the financial resources to afford to stay in your home. Kiplinger explores...
How are retirement accounts divided during a divorce?
Retirement accounts such as IRAs and pension plans can comprise much of a couple's net worth, especially as the couple nears retirement. When retirement assets are hefty, it is especially important to understand property division so that each spouse gets their fair...
Property division after a divorce
The division of property after a divorce is one of the things that a court decides during the divorce process in Michigan. The court determines a division that is fair between both parties so that you each have an equal amount of property. Sometimes, however, it is...
What assets will the courts split in your Michigan divorce?
Facing an imminent divorce means dealing with uncertainty about your future. From not knowing how much time you get to spend with your children to not knowing where you'll be living, divorce can leave you in a state of confusing limbo. Although it may not be possible...
Who gets the dog in the divorce?
Our pets can be an important part of our families. The moment families bring a furry, lovable little dog or cat home, they become an integral part of the household and the heart. That is why, when couples pursue a divorce, many of them wonder: who will keep the family...
Divorcing spouses have to divide debt too
In a divorce, dividing marital property is often one of the most challenging issues spouses face. They must negotiate who gets the house as well as how to divide the assets in their shared checking account. However, property division not only requires spouses to split...
Keeping the family home following a divorce
When Michigan couples decide that it is time to get a divorce, determining what to do about the family home could be a difficult decision. If there are kids involved, the primary parent may wish to keep the home to make the transition easier for the children. In these...