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October 2017 Archives

When couples should get divorced

Although many Michigan couples do whatever it takes to avoid getting a divorce, there are some cases where a divorce may be beneficial for all involved. These cases include when a spouse is physically, emotionally or verbally abusive to the other spouse or children, if the spouse has an addiction to alcohol or drugs or the marriage is an example of an unhealthy relationship.

Alimony and child support are not created equal

Michigan estranged couples may need guidance when it comes to evaluating the tax consequences of divorce settlement offers. In cases where there is flexibility around the amounts of alimony and child support, the decision as to these amounts may have a significant impact on the taxes of the parties. From a tax perspective, child support and alimony are very different things.

Getting divorced later in life

The divorce rate for people who are at or over age 50 has been increasing for the last few decades. When older Michigan couples divorce, they face additional issues because they will have less time to save for their retirement. It is important for them to plan carefully so that they can maintain their ability to retire on time.