I am always dismayed when clients come into my practice without having had the benefit of careful divorce planning. Understandably, it is common to ignore the danger signs in a marital relationship. Nobody likes to think that their marriage may be in danger of dissolving. Facing reality and planning ahead, however, can avoid unnecessary stress […]
divorce, divorce planning, divorce settlement, estate planning, inheritance, marital assets, marital debt, marital home, marriage, MIchigan law, retirement accounts, separation, spouseYou’ve worked hard your entire adult life and have diligently saved money for retirement. It’s a good nest egg and a good start to a great retirement. Along comes a divorce. My retirement is safe from division because I worked and earned that money, right? That money’s mine, right? Wrong! In Michigan, your retirement […]
401k, court, division of retirement assets, divorce, employer, equity, ex-spouse, marital home, plan administrator, QDRO, Qualified Domestic Relations Order, retirement, retirement accounts, work