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Meeting the Challenges of a High-Net-Worth Divorce

Divorce can be difficult in any circumstances and even more so where a couple has considerable wealth. A high-net-worth divorce — one in which assets of more than $1 million are at stake — presents complex issues relating to property division and spousal support. If you are in this situation, an attorney who is experienced Read More

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What is the Income Shares Model for Child Support?

Child support after divorce was once calculated simply as a percentage of the paying parent’s income. However, this method failed to take into account the resources of the other parent that could be applied for the children’s benefit. As a result, most states, including Michigan, now follow the “income shares” model, which recognizes that both Read More

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How to Deal with Children’s Extracurricular and Post-majority Expenses After Divorce

In Michigan, the court sets child support based on a number of factors, including how much money the parents make, how many children the couple has and how much time the children will spend with either parent. The typical child support order covers the costs associated with the child’s housing, food, clothing and medical care. Read More

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