By John J. Schrot, Jr. Be careful with what you ask for. An Illinois man who was awarded a $20 million wrongful-conviction settlement has to divide same with the woman he met and married while in prison but is now divorcing. He cannot exclude this fortune from the...
By John J. Schrot, Jr. Technology continues to outpace the law, and logically will always do so. Family Law is not immune from the adverse consequences of playing catch-up. The repercussions are especially difficult when it affects the best interest of children. The...
by John J. Schrot, Jr. The 2017 Tax Cuts and Jobs Act (the “Act”) was signed into law in December, 2017, and it changes the treatment of spousal support (alimony). Currently spousal support is tax deductible for the paying spouse and taxable as income to the...
Marital Agreements in Michigan – Useful Tools In A World of Until Divorce or “Debt” Do Us Part “I love you, now sign here.” Most of us were taught the art of self-preservation at a young age, and that art should not be abandoned once we...
Protecting Your Client’s Business in Divorce Divorce can be bad business for your client. Mixing a business and its assets with a divorce can become financially and emotionally devastating for the divorcing couple and for its family, as well as for the...
