Eisenberg, Middleditch & Spilman, PLLC
248-358-8880

May 2017 Archives

Michigan child support modification

Most Michigan residents would like to think that as time goes by, their incomes will also increase. For many individuals, this is true and their families benefit. However, when that family is no longer together as one unit, the individual may still have an obligation to share the increase in income as a part of what is owed in child support.

Property division and military pension payments

For many Michigan couples, many decisions regarding their divorce agreement revolve around financial concerns. Even after all the details have been worked out and agreed to, future decisions can sometimes have a significant financial impact on both parties. In addition to child support, and alimony, property division can play an important role in the post-divorce finances of each individual.

Buyout plans may interest business owners going through divorce

Individuals who have started companies that have seen success over the years may have earned a considerable amount of money. Because hard work and dedication often contribute to this achievement, many Michigan business owners feel reluctant to part ways with much -- if any -- of their stake in the company. However, some parties may find it more difficult to retain full ownership if they go through divorce.

Prenup can offer protection during divorce

Before getting married, couples typically feel that their love will last forever. However, the reality is that divorce can happen to any couple. For this reason, drafting prenuptial agreements has received an increasing amount of attention in Michigan and elsewhere in recent years.

How can divorce affect my tax situation?

Whether you herald the end of your marriage or dread it like the plague, there is no way for you to avoid the changes and multitude of decisions that you will need to make. You may become so focused on your living situation in Michigan and your kids' well-being that you fail to consider one major issue that can affect you long after your divorce is finalized: your tax situation. 

Property division and the different types of divorce

The decision to divorce is often a difficult one for a Michigan couple to make. One day the couple is fighting and can't stand the idea of another day together; another day, at least one spouse wonders if they should give it one more try. At some point, though, the difficult decision needs to be made and the individuals allowed to move on with their lives. Throughout this period of turmoil, decisions regarding property division, child custody and support, spousal support and more must be finalized.

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