Michigan divorce update: Pension and retirement, Who is your beneficiary?

Changing pension or life insurance beneficiaries after divorce. A lesson to lawyers – The Judgment of Divorce may not be enough! In almost every Judgment of Divorce, the parties either award or waive an interest in the former spouses’ pension plan(s) or life insurance plan(s). However, if the benefit is governed by ERISA, a waiver[…]

Michigan divorce law update: The dangers of commingling property (assets).

Commingling assets and divorce in Michigan:  When dividing property in a divorce, a primary consideration is whether the property is ‘marital’ or ‘separate’.  As a general rule, property acquired by reason of the marriage or “during the course of the marriage” is marital and is likely subject to division in the event of divorce. Conversely,[…]