the needs of the parties

Alimony in Michigan – The needs of the parties.

Alimony and spousal support are payments made to support a former spouse.  Most attorneys use guidelines to estimate an alimony payment.  However, Michigan alimony law allows for an evaluation of the needs of the parties in determining alimony or spousal support, something that alimony guidelines don’t do. The most popular alimony guidelines take into consideration[…]

Status quo

Q: How are the bills paid during a divorce? A: Financial Status Quo Order

A breakdown in a marriage can also be a breakthrough in finding happiness regardless of how the marriage is ending.  While you may feel like life is in disorder, the bills still need to be paid which begs the question:  Who pays the bills during a divorce?  The answer can be found in a Financial[…]

taxes on alimony

Paying (or not paying) taxes on Alimony (spousal support).

Alimony in Michigan When every dollar counts, paying (or not paying) taxes on alimony can be a big deal.  Under Michigan law, “Alimony” is the same as “Spousal Support” and are payments made to support a spouse after divorce.  The primary factors in determining an amount of alimony are the age, education, length of marriage[…]