S8 Ep12: Can I Get My Spouse’s Business Records in Divorce?
Divorce Fast & Easy In Michigan
Release Date: 06/23/2025
Divorce Fast & Easy In Michigan
#ChooseGoldman As the school year begins, parents with shared custody must shift from summer flexibility to structured routines. Adjusting parenting time for school events, homework, and holidays is key to minimizing stress for everyone involved. • School schedules require changes to parenting time • Both parents must share school transportation duties • Holidays and breaks should be divided fairly • Open communication reduces conflicts and confusion • Custody plans may need updates to support the child’s success Download Divorce & Custody Survival Guide. Click here: Schedule...
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#ChooseGoldman A judge in Michigan may order the sale of your marital home during a divorce. This commonly happens when neither spouse can afford to buy out the other's share, ensuring a fair division of the home's value. • The court may decide the marital home must be sold if one spouse cannot buy out the other. • "Equity" is the home's value minus what's owed; it's a shared asset that must be divided fairly. • Judges do not like to "trap" a spouse's equity for many years, even if there are young children. • Selling the home ensures both parties can access their share of the money to...
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#ChooseGoldman Many people wonder if being the first to file for divorce puts them at a disadvantage. While judges aim to be fair, filing first can offer a slight edge by letting you control the initial story and set the tone for your case. • Filing first can help you control the narrative, especially in complex cases. • First impressions matter, even with judges who strive for neutrality. • Waiting can be risky; being proactive helps you stay ahead. • If you claim abuse first, your ex’s denial might seem reactive. • Filing first allows you to make the first impression, which...
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#ChooseGoldman If you're charged with domestic violence, understanding "no contact" orders is crucial. This episode explains why courts issue these orders and the strict rules you must follow. Learn about the serious consequences of ignoring a judge's order, even if the alleged victim asks you to come home. • A no-contact order usually prevents you from returning to your home if you're charged with domestic violence. • Bond conditions often include staying away from the marital home. • Even if the alleged victim wants you to return, you cannot go home unless a judge lifts the order. •...
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#ChooseGoldman This podcast episode explains how to file for guardianship of a minor in Michigan. It covers the legal steps, who can apply, and what the court looks at to ensure a child's safety and wellbeing. • You must file a petition with the probate court. • The court favors close relatives (like grandparents, aunts, or uncles) for guardianship. • The judge's primary focus is always what is in the child's best interest. • Parents must be notified and given a chance to appear if a non-parent seeks guardianship. • If a parent lost care before, they must show the issue is resolved...
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#ChooseGoldman Many people think lawyers control how and when someone gets served legal papers—but in Michigan, that job belongs to a process server. This episode explains how service works, what attorneys can (and can't) do, and what clients need to understand about delays. • Lawyers select the process server but don’t control the timing of service • Process servers face access barriers like secure workplaces or evasive parties • Courts require lawyers to act quickly—but service delays aren't the lawyer’s fault • Alternative methods like mail or publication can be used if the...
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#ChooseGoldman Life insurance can become a legal problem after divorce if not updated properly. In Michigan, whether or not your ex receives the benefit depends on both state and federal rules, which can lead to costly mistakes if ignored. • Divorce may revoke your ex as beneficiary—but not in all cases • Federally governed plans like ERISA may still pay your ex unless updated • If no beneficiary is listed, the payout typically goes to your estate • Courts may not reverse a payout without proof the ex wasn’t intended to benefit • Always update your policy directly with the...
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#ChooseGoldman Understanding prenuptial agreements is crucial, especially when it comes to asset disclosure. This short summary explores what happens if assets are not fully revealed or are undervalued, and how this can impact a prenup's validity in Michigan family law. • If assets are not disclosed in a prenup, they typically become marital property and are not protected by the agreement. • Undervaluing assets is a major issue that can lead courts to deem a prenup unfair and make adjustments. • Courts will scrutinize prenups for fairness, disallowing agreements made under duress or too...
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#ChooseGoldman Understanding if you can get a portion of your ex-spouse's pension, even if they aren't retired, is a common concern in Michigan divorces. This video explains the role of QDROs and how different pension plans are handled. • A Qualified Domestic Relations Order (QDRO) is the necessary court order to divide pension benefits. • You typically won't receive pension funds until your ex is retirement-eligible, but some exceptions like buyouts may apply. • There are many types of pension plans, and each has its own rules for division. • Your ex might agree to a present-day...
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#ChooseGoldman Understanding if a family business is considered separate or marital property is crucial for anyone navigating divorce in Michigan. This video breaks down how these assets are typically handled under Michigan law. • Businesses started during the marriage are generally considered marital property. • If a business existed before the marriage, its original value might be separate, but any growth during the marriage could be marital. • The valuation of a family business can be complex and often requires expert analysis. • If both spouses work in the business, solutions range...
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When facing divorce with a business, understanding how to get your spouse's business records is crucial for a fair settlement. This process helps uncover the true value and financial standing of the business.
• The discovery process allows you to obtain essential business records like bank statements, tax returns, and profit/loss reports.
• A forensic accountant is often vital to accurately determine a business's worth, especially when hidden income is a concern.
• Courts require clear business valuations to ensure equitable property division in a divorce.
• Without proper valuation, you risk an unfair split and an unknown future for any business interest received.
• Hidden income within a business can significantly impact spousal and child support calculations.
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For additional information, watch these videos:
How To Handle Divorce For Business Owners & Professionals - ChooseGoldman.com - https://www.youtube.com/watch?v=K8tsZ5uS34s
Am I Entitled to Half My Husband’s Business In A Divorce - ChooseGoldman.com - https://www.youtube.com/watch?v=U2QsBPVTjRY
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