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September 2016 Archives

Issues with divorce and children with special needs

Divorce is always hard. It is even more difficult when you have children, add on top of that, a child with special needs, and divorce becomes a quagmire of issues with no easy answers. This post will discuss the issue inherent to divorce involving children with special needs.

Typical divorce mistakes committed by high-net-worth people

Divorce is painful for everyone. The problems with divorce are magnified the more assets, retirement accounts, business properties, and incomes that are added. You may walk away from a divorce settlement believing you received a fair deal but realize several months later that you and your ex-spouse did not address an errant investment account. Overlooking issues are just one of the typical mistakes that people make during a divorce without attorneys. This post will go through some of those mistakes and how you can avoid them.

Do people remarry the person they divorced?

Often many individuals who divorce realize that they made a mistake and wanted to remarry the person they divorced. If you want to remarry your ex-spouse, do it. But most statistics report that the divorce rate for all subsequent marriages is significantly higher than first marriages. These numbers do not mean that your particular situation is doomed, only that many people divorce their second and third partners.

Getting a divorce over the age 50 includes challenges

Over the past 20 years or so there has been a shift in the demographics in divorce rates. As baby boomers mature, the divorce rate among couples over the age of 50 has seen a sharp increase as compared to previous generations. In fact, during the 20 years between 1990 and 2010 the divorce rate involving people in their 50s and older doubled, according to The Sioux City Journal.

Major shipping company declares bankruptcy

Even major shipping companies, the seventh largest in the world, declare bankruptcy. Hanjin Shipping of South Korea declared bankruptcy in late August which threw the shipping world into a hectic frenzy. According to Forbes, bankruptcy is the most important aspect of capitalism. Handling success is easy while managing failure is complicated. Capitalism requires a method to manage failure to ensure that it does not become bogged down.

Interstate child custody disputes explained

Interstate child custody disputes occur between the states (as opposed to intrastate disputes which occur entirely within one state). Interstate disputes are more and more common as people move and live across state borders. Unfortunately, these disputes dramatically increase the pressure on litigants. They require you to submit arguments to the court, even if you don't live there, and even if you live 1,000 miles away.

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5885 N. Wayne RD | The | Smith | Law Offices, P.C. | 734.729.4465

The Smith Law Offices, P.C.
5885 N. Wayne
Westland, MI 48185

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