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Oakland County Divorce LawyerThere is no denying the impact that a divorce has on a person’s life. Even if they are the spouse who wants to end the marriage, there could still be effects on their family and social relationships that they may find jarring. There is also the financial impact a divorce has. Many people find that after a divorce, their credit score has gone down. It is not the act of divorcing that can cause this decrease, but rather the financial obligations and standing that happens during and after the divorce process. The following are some steps you can take to help minimize that impact.

Protecting Credit Scores

Surveys have found that approximately 55 percent of women and 40 percent of men find that their divorce creates a negative impact on their credit score. While women experience the higher impact, they also report higher incidents of their former spouse ruining their credit – 50 percent – compared to only 37 percent of men who face the same consequences because of their former spouse.

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Farmington Hills Divorce LawyerThe breakdown of a marriage can be difficult for both spouses, and in some cases, marital issues may become public knowledge due to details that a couple, their children, or other family members or friends share on social media. Since so many people are used to sharing information about themselves when they use Facebook, Instagram, TikTok, Twitter, or other social networks, they may expect that they can continue to discuss their lives online during the divorce process. However, it is important to understand what types of information should or should not be shared and how posts on social media may play a role in a couple’s divorce.

Social Media Posts as Evidence in a Divorce Case

Information posted online, such as photos or status updates, is generally available to the public. This means that anything posted to social media could potentially be raised during the divorce process. Even posts that a person believes are private could be uncovered by the other spouse or their attorney. Because of this, it is important to treat everything posted on social media as something that could potentially be raised in divorce court.

However, social media posts will only play a role in divorce if they are relevant to the legal proceedings. For example, a person may have found posts that indicate that their spouse is having an affair, and they may believe that this information could be used to show that the other party is responsible for their divorce. However, Michigan is a no-fault divorce state, and a divorce petition will not include any fault-based grounds for divorce or state that either spouse is to blame for the end of their marriage. This evidence would not be relevant when filing for divorce, but it could potentially be raised later in the divorce process if it affects decisions about issues such as the division of marital property.

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Farmington Hills Divorce AttorneyThe term “high-conflict divorce” may initially seem redundant. After all, a couple would not be seeking a divorce if the marriage did not involve a significant amount of conflict. However, some divorce cases are much more contentious than others.

To end your marriage, you and your spouse will need to decide how to divide real estate, vehicles, bank account balances, and other assets. If you have children, you will need to develop a parenting plan that allocates parental responsibilities and parenting time. You may also need to address additional issues like spousal support. If you and your soon-to-be-ex disagree about the terms of your divorce and are unable to discuss these issues productively and rationally, you may be in store for a high-conflict divorce. Fortunately, there are things you can do to prepare.

Work With a Divorce Attorney Skilled in High-Conflict Divorce Cases

Just like other professionals, no two divorce attorneys are alike. When choosing a divorce lawyer to represent you, it is important to select an attorney capable of successfully handling a high-conflict divorce. Make sure your lawyer has sufficient experience in negotiations as well as litigation. Ideally, your divorce case will resolve through an out-of-court settlement, but you should make sure your lawyer also has the experience and knowledge needed to represent you during a trial if necessary.   

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Novi, MI Divorce LawyerDid you know that older people make up a huge percentage of divorcing couples in Michigan? So-called “grey divorce” is on the rise in Michigan and across the U.S. 

If you are thinking about getting divorced and you are over age 50, it is important to realize that you may face unique obstacles during your divorce case. You may need to address complicated financial and legal issues including the division of assets and retirement funds as well as spousal support. A knowledgeable divorce lawyer with experience in gray divorce cases can help you understand the challenges you may face during your divorce and meet those challenges head-on.  

Divorce When You Are Close to Retirement

If you are in your 50s or 60s, the effect of your divorce on your retirement plans is probably a top concern. Understandably, you want to ensure that you will still have the retirement funds you need to live independently once you have stopped working. Retirement accounts are usually classified as marital property during a Michigan divorce. This means that both spouses have a claim to the funds contained in the retirement account regardless of which spouse’s name is on the account. You may need to use a qualified domestic relations order (QDRO) to divide retirement funds. The funds that accumulated before the spouses got married may be considered separate property to which only the named spouse has a claim.

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Oakland County Divorce AttorneyEarlier this year on our blog, we addressed the question of what happens to the marital home in a divorce. In that post, we noted that in most cases, one spouse either buys out the other’s share of the home, or the spouses agree to sell the home and divide the proceeds. However, you may be wondering whether these are the only options. Perhaps you find it hard to bear the thought of parting with your home at the moment, but you lack the financial resources to keep it on your own.

If you find yourself in a similar situation, it may be possible to come up with a more customized solution, especially if you and your spouse are willing to consider an alternative dispute resolution method like mediation or collaborative divorce. Here, we look at some of the more creative options for handling your home and living arrangements after a divorce.

Alternatives to Dividing the Marital Home in Divorce

In many divorce cases, children are the driving factor for seeking alternative arrangements for the family home. As a parent, it may be important for you to keep your children’s home lives as stable as possible as your family goes through such a monumental change. The location of your home may also be important for your children to continue attending the same school or to be close to their friends and other relatives. A couple of options that parents often consider include:

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