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Caring and Professional Family Law Services

May 2013 Archives

Establishing credit after a divorce

For divorcing couples in Michigan that have joint bank accounts and commingled assets, the prospect of property division may seem daunting. However, an additional surprise may be in store for a parent who had been dedicated to full-time care of the children. Without a separate income source, that stay-at-home parent may have had difficulty obtaining credit after the divorce.

Second marriages might require extra estate planning

Considering the high rate of divorce in Michigan and nationwide, many readers might agree that second marriages are no longer a rarity. Yet the financial and legal issues that can confront couples in their second marriage -- especially spouses who have children from a first marriage -- may require some careful planning.

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May 2013 Archives | Kalamazoo Family Law Blog