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July 2012 Archives

Divorcing couples face common financial pitfalls

Divorce can happen to Michigan couples for various reasons and be initiated by either side. When it does, couples may be facing an expensive proposition. Issues like dividing marital property and assets, attorneys' fees, child support and other legal issues can make a sizable financial impact. However, careful planning can help to minimize the inevitable reduction of financial resources.

Divorce and prenuptial agreements in Michigan -- a perfect match?

While going through a divorce is never easy, it may be even more challenging for Michigan residents given the current economic reality. Investments are down, the housing market is precarious and families are struggling to make ends meet. Those realities increase the likelihood of disputes over the division of marital property and assets in a divorce. Add a second divorce to the mix, and the dispute may seem insurmountable.

6-year-old daughter may stand to lose most from Cruise divorce

Conventional wisdom holds that a child will benefit from having a variety of rich relationships -- on both sides of a family tree. For that reason, many courts in Michigan and across the country express a preference for joint child custody arrangements.

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

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214 S. Lafayette
South Lyon, MI 48178

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5885 N. Wayne
Westland, MI 48185

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