Divorce in Michigan is still a reality for many marriages. It is seldom entered into without thought and consideration. Divorce is never something for which one wants to plan. But if the possibility of a divorce presents itself, there are certain steps a person can take to simplify the process and protect himself or herself.
The decision to divorce is seldom arrived at easily. When children are involved it may be considered even more carefully. Once a couple makes the decision to divorce in Michigan, they may want to proceed quickly with separation and unwinding their previously shared life. They may come up against some unexpected obstacles. There are certain restrictions put in place once a divorce petition is filed in order to protect the rights of all concerned.
Divorce can be a very contentious time in a couple's lives. There are so many issues to be settled in a divorce such as who gets the house, custody if there are children and division of assets. But who gets the family pet? In Michigan, about 62 percent of couples own a pet. Is there such a thing as pet custody?
In the United States, divorce in the general population is decreasing. However, divorce among the baby boomers, or those over 50, is actually on the increase. Twenty years ago, one in twenty couples over the age of 50 were divorcing, now it is one in four. The reasons for this increase are many.
There are some things in life that simply cannot be avoided. For some Michigan couples, one of these things is divorce. In fact, the number of couples over the age of 50 deciding to divorce is an increasing number that is now almost twice what it was just 25 years ago.
The end of a marriage will inherently bring about change to the lives of everyone involved. For individuals in Michigan who are facing divorce, many may consider it vital to take steps to protect their financial futures throughout the process. However, with little to no experience in the area, some may be uncertain how a similar process might affect this area of life, potentially prompting a need to seek guidance on how best to approach the situation.
When a Michigan couple decides to end their marriage, many decisions will need to be made. Who will keep which assets and be responsible for which liabilities are often just the beginning. Custody issues often come in to play as terms of the divorce agreement are settled.
Financial planning is important throughout various phases of one's life. Many times, decisions that can have lasting financial implications are made based on emotion. This is often the case when a Michigan resident decides to divorce.
In many Michigan families, the home is the central focal point for many decisions. Couples spend time selecting the home, taking care of it and building a life in it. Then, when this life is altered by divorce, the dilemma of who gets the home can become an issue.
In many Michigan families, one spouse earns more than the other. In some cases, one individual works at home to take care of the family while the other pursues career opportunities. In other cases, one individual's career simply is more lucrative than the other's. Both spouses contribute to the family buy in different ways. This difference in financial compensation and contribution to the family can be accounted for in a divorce situation through the payment of alimony.