Elkouri Heath, PLC

248-344-9700

39555 Orchard Hill Place, Suite 215, Novi, MI 48375

Novi, MI Divorce AttorneyWhen it comes to property division in a divorce, Michigan is an “equitable distribution” state, meaning that spouses must divide all marital property fairly in accordance with the specific details of their situation. However, people are often surprised to learn just how many assets may qualify as marital property. Marital assets include not only properties that spouses own jointly, like the home they live in but also assets held in one spouse’s name that were acquired during the marriage. This means that much of your retirement savings could be subject to division if contributions were made to your accounts while you were married.

While dividing a retirement account is often a necessity during the divorce process, doing so is not simple. Without taking the proper steps to divide your account, you could find that the assets steeply decline in value due to income taxes and early withdrawal penalties. For this reason, it is important to understand whether you need to obtain a Qualified Domestic Relations Order, or QDRO, that allows you to divide your account while protecting the savings.

Do You Need to Divide Your Retirement Account?

The first question you should ask yourself to determine whether a QDRO is necessary is: Do I actually need to divide my retirement account? If you have any accounts that contain only premarital contributions, those accounts likely remain your sole property. You may also be able to keep a retirement account intact if you have a prenuptial or postnuptial agreement that specifies that the account will be yours in the event of a divorce.

...

Continue Reading...

Farmington Hills Divorce AttorneyAlthough the Michigan divorce process ends with a legally binding resolution, this may not end all conflict between the parties. Ongoing issues involving child custody, child support, and spousal maintenance can lead to new disputes in the years following a divorce, and it may be necessary to petition the court for modification or enforcement of the divorce order. However, if you can work out these post-divorce matters with your former spouse in mediation before you bring them before the court, you may save yourself time, energy, and stress.

Mediation for Post-Divorce Modifications

The child custody order is one of the most common elements of a divorce resolution that may need to be modified as time passes. You may feel that the order should be changed because of a change in your work schedule, a move or relocation, or a change in your children’s needs and preferences as they get older. However, you may find it difficult to reach an agreement with your children’s other parents regarding the details of the modification.

This is where the services of an experienced mediator can be beneficial. A neutral mediator can meet with you and your former spouse to work through any proposed changes to parenting time and decision-making responsibilities and come to an agreement that satisfies both parents and continues to provide for your children’s best interests. You can then file your mediated agreement with the court for approval.

...

Continue Reading...

Novi MI divorce lawyerThe divorce process varies dramatically from couple to couple. A young couple who does not own significant assets and does not have children will typically have a much easier divorce than a couple with considerable property, complex assets, or contentious child-related issues. If you or your spouse owns a business or professional practice, significant retirement assets, real estate, or investments, or if your financial situation is otherwise complicated, you may want to consider a collaborative divorce.

Advantages of Using Collaborative Law to Resolve Divorce Issues

A collaborative divorce is one in which the couple agrees to work collaboratively with attorneys and other professionals to resolve divorce matters without going to trial. In a divorce utilizing collaborative law, each spouse hires an attorney sufficiently experienced in collaborative law. The spouses and their lawyers sign a “collaborative agreement” promising to:

  • Freely exchange necessary information and documentation, including financial documents

    ...

    Continue Reading...

Oakland County divorce attorneyIf you are getting divorced, you may be unsure of what to expect. After all, the average person has little to no experience with legal matters, especially those as personal in nature as a divorce. To get a divorce in Michigan, you and your spouse will need to address issues like the division of marital assetschild custody, and spousal support. If you cannot reach an agreement about these issues, your divorce case becomes a “contested divorce.” Read on to learn about how discovery works in a contested divorce case in Michigan.

Discovery in a Michigan Divorce Case

The term “discovery” refers to the phase of the divorce process when each party (and his or her attorney) are gathering relevant evidence and facts. The parties exchange information about finances, child-related concerns, and other issues relevant to the divorce case. Informal discovery involves a voluntary exchange of information. In a highly contested divorce, various legal tools are used to gather information through a formal discovery process.

What Should I Expect During Formal Discovery?

If either party is reluctant to provide the necessary information or a party has lied about information, formal discovery tools may be used to compel the exchange of information. Your lawyer may use discovery tools such as:

...

Continue Reading...

Novi divorce attorneysIf you are in the middle of a divorce, you may wonder if you should get into a new relationship right away or wait until the divorce is finalized. While dating someone new may help heal your heart and reduce stress, you should put it on hold until your divorce is officially over. This may seem difficult right now, but waiting to start a new relationship will be beneficial to you in the long run.

Why to Consider Not Dating in the Middle of Your Divorce

Although there is no official law that forbids you from starting a new romantic relationship during your divorce, it may negatively impact the proceedings. There are several potential consequences of dating while going through a divorce.

Here are a few of them:

...

Continue Reading...

Oakland County Bar Association State Bar of Michigan Collaborative Practice Institute of Michigan WCCDBA Woman Lawyers Association of Michigan
Back to Top