Divorce mediation is, in many ways, a kinder, gentler way to divorce. Mediation is much more cost-effective and efficient than a trial, and it fosters statistically better outcomes full of self-satisfaction and personal ownership.
There are actually several different types of mediation, though, and picking the right one for your particular situation might impact the outcome of your divorce.
Are your children going back to college? Good for them. This is the time for them to grow in their education, independence, and maturity. Time for them to learn to take care of themselves. Do they need a Patient Advocate Designation?
Recently, the Department of Transportation held a teleconference to discuss the National Highway Traffic Safety Administration’s Fatality Analysis Reporting System data. The big news that came out of it is that roadway fatalities went down by nearly 2 percent between 2016 and 2017. This is a result of many dangerous road behaviors such as speeding, lacking a seat belt or not watching out for motorcycles having an overall decrease in deaths.
While that does mean some efforts to increase motor vehicle safety are working, not all areas have improved. With how important the auto industry is in Michigan, drivers should know which accidents worsened last year so they can reduce the risks in the upcoming years.
Michigan divorcees have plenty to worry about in the immediate future after a divorce. They must think about where they want to go, how much time they should spend with the children or if they need a new job. Once most of that has settled, even bigger concerns come towards planning for their far future. Retirement may be more down the line, but you realize it will not be long before your son goes to Michigan State.
Recent studies state that children of divorced parents are less likely to earn a bachelor’s or master’s degree in college. Given the financial and emotional fallout of the divorce, a child may not be able to afford to study at a university or may feel less obligated to do so. It is important to evaluate these statistics to help find a potential solution towards planning for your child’s educational future.
We all know when we're ready to live a life that's free of a burdensome relationship. Nevertheless, many of us will try to stick through the hard times and endure a situation that's just plain wrong. If you're experiencing something like this, you know who you are.
There are many reasons to divorce, and by all means, simply having the desire to get a divorce is reason enough. However, if you're currently facing one of the following problematic relationship challenges, your decision to divorce should be immediate:
The good news about that is that generally, you will be able to treat that account as a "spousal rollover IRA if inheriting from your spouse. If the owner is not your spouse, you may be able to treat it as an Inherited IRA or "Stretch IRA," which has some significant tax advantages to you.
Are you concerned about tackling the estate planning process? Are you worried that you could make a few mistakes that cause you and your family harm? Are you hoping to adjust your approach in order to avoid this situation?
Any estate planning mistake, even one that is minor, could cost you and your family time and money. Furthermore, some mistakes, such as forgetting to create a will or trust, could lead to serious problems for your loved ones after your passing.
Estate planning mainly centers on planning for tangible assets, like property you own, investments, bank accounts, family heirlooms and other items of value. But, you may want to include provisions for your digital assets. That includes things like:
Divorcing couples and their family law advisers are scrambling to cope with the possibility that alimony won't be tax deductible for divorce agreements signed in 2018.
When two parents choose to divorce, their children often are more than affected any other members of the family. Unfortunately, some parents choose to stay in unhealthy marriages instead of respectfully moving on because they fear that the divorce may leave their children with emotional baggage for the rest of their lives.
This is a reasonable fear, and one that grounded in a strong desire to keep children from unnecessary harm. However, keeping children in a family situation that is truly past its expiration date also presents a number of serious emotional and developmental dangers.
Creighton McLean & Shea PLC
14881 Farmington Road
Livonia,
MI
48154
Phone:
734-245-9289
Fax:
734-422-0461
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