Married couples who are filing for divorce may argue about who gets the dishes or who keeps the dog. But if the couple has children, by far one of the biggest battles in the divorce process concerns child custody. Think about what is best for your child When the Michigan...
Concerned parents who are considering divorce should consider how a split will affect their children. Although divorce can be challenging for the whole family, children do have the capacity to be happy following a separation. According to the author of “Building Resilience in Children and Teens: Giving Kids Roots and...
Parents in Michigan who are delinquent in paying child support may find it difficult to obtain a loan to purchase a home. Delinquent child support is classified as a derogatory credit event and can lower the likelihood of getting approved for a loan. However, there are ways parents can address...
Divorce has been linked to depression and stress that can exacerbate existing health conditions and increase the risk of other problems for seniors. People in Texas who are approaching or going through a divorce later in life should keep the increased likelihood of health issues in mind. Knowing what to...
A prenuptial agreement, or prenup, is a legal document that individuals can use to specify how their assets will be handled should they get a divorce. Couples in Pennsylvania who are thinking about getting married should carefully consider how prenups could protect their financial interests. One situation in which a...
Any new school year in Michigan comes with an understandable range of emotions for children, from apprehension about new teachers and classes to excitement about playing favorite sports. For children adjusting to a post-divorce life that includes splitting time between two homes, there can be added stress associated with getting...
Child support programs in Michigan and around the country were established to ensure that children receive the care they need and do not become burdens on the state. Title IV of the 1975 Social Security Act allows the federal government to send states incentive payments to help them enforce child...
For many young people in Ann Arbor, student loan debt represents a major burden on their financial, personal and social lives. Many millennials have postponed important life milestones like marriage and children because they first want to address mounting educational debt. Student debt has grown across the country and is...
Women in Michigan should be prepared to face some unsettling financial revelations if they file for divorce. A survey of 1,785 participants showed that 46 percent of the divorced women encountered financial surprises during their divorce. Divorced and divorcing women are likely to be surprised by the total amount of...
Divorced Michigan parents must learn to deal with the difficulties of a co-parenting arrangement. Co-parenting is easier when both parents commit to maintaining focus on the emotional well-being of their children, understanding the harm that can come from minimizing one another in the eyes of the children, appreciating that the...
The National Retirement Risk Index was created in 2006 by the Center for Retirement Research in order to measure the percentage of households that are at-risk of a lower standard of living after retirement. Michigan residents who are approaching divorce might want to know that the risk of a lower...
