Advantages to Selling the Marital Home Before Divorce

Michigan Attorney Kathryn Wayne-Spindler recently participated in the Institute of Continuing Legal Education Family Law Seminar where Elizabeth K. Bransdorfer of Mika Meyes PLC in Grand Rapids presented the session, “Selling the Marital Home During the Divorce Case.” When divorcing, there are a couple of typical scenarios regarding the marital home. One party continues to live in the family home. One of the spouses may “buy-out” the other spouse’s half of the family home. This can be in the form of trade-offs for other property, assets, income or a smaller share of the joint debts. In some cases, the parties Continue Reading…

Four Advantages of Silver Separation

The term Silver Divorce has been tossed around for years but not much is said about Silver Separation. There are many sources for the label. Some say it’s for the color of the participants’ hair, reaching their Silver Anniversary (25 years) or the large amount of “silver” (read assets) involved in the dissolution of the marriage. But there may be an alternative to divorce for older couples. Experienced Howell Divorce Attorney Kathryn Wayne-Spindler explores some good reasons that a Silver Couple might choose Legal Separation over Divorce. Silver Separation may have advantages During a Legal Separation proceeding, the couple negotiates Continue Reading…

Tiny Home Living Appeals to Newly Divorced

The Tiny Home Living Revolution is changing lives according to websites, television shows and news stories. The concept of building a miniature house on wheels is nothing new. But with media publicity and engineering creativity the fringe trend is turning into a so-called revolution. Some of the mainstream population is embracing the affordability of Tiny Living as well as the simplification. These glorified mobile homes, typically smaller than 300 square feet, can have marble countertops, high-end electronics, steam showers and hardwood floors. With their portability and small footprint, it’s easy to find a tiny lot in almost any community. For Continue Reading…

Kathryn Wayne-Spindler featured in Ask An Attorney

On Sept 30, 2015, Milford, MI Divorce Attorney Kathryn Wayne-Spindler was featured in the West Oakland County Spinal Column Newsweekly. She responded to a question in the Ask An Attorney feature about post-divorce home equity. Kathryn Wayne-Spindler is an expert at helping her divorce clients determine a settlement that will not only benefit them in the short-term but down the road as well. To contact Kathryn Wayne-Spindler regarding your divorce and division of home equity questions, call 248-685-8888 or email spindlerlaw@comcast.net. Wayne-Spindler practices throughout Southeastern Michigan including Oakland, Washtenaw, Wayne, Genesee and Livingston counties and the communities of Milford, Highland, Continue Reading…

Celebrity Divorce: Do Prenups Work?

People are watching the spectacle of Food Network star Bobby Flay’s current divorce from Law and Order SVU actress Stephanie March not only for scintillating gossip but for news of the contested prenuptial agreement as well. Their public argument calls into question the viability of prenup agreements in the fast changing world of high-profile marriage and divorce. It leaves a lot of people wondering, do prenups work? Do Prenups Work? South Lyon Family Law Attorney Kathryn Wayne-Spindler says yes. (If they’re written properly.) “As a third-time husband, Flay had cleverly insisted on a prenup with alimony of $5,000 a month Continue Reading…

Pets and Divorce: Dogs and Cats are Marital Assets

On behalf of Kathryn Wayne-Spindler & Associates, PC posted in Property Division on Thursday, October 2, 2014. People naturally get attached to their pets. This is why having to separate from a pet permanently following a divorce can leave an individual in Michigan feeling distraught and desperate for a better option. Pets are considered assets that divorce courts will have to “divide” if two people who are getting a divorce can’t decide on their own how to handle them post-divorce. Pets are now considered highly valued family members, so pet custody continues to be a major issue in many American households. Two individuals can try to Continue Reading…

Amicable Divorce Advice for a Friendly Split

On behalf of Kathryn Wayne-Spindler & Associates, PC posted in Property Division on Wednesday, October 8, 2014. When people hear the word divorce, they usually don’t imagine an amicable settlement. However, it is possible to collaborate with a soon-to-be-ex so that both parties can achieve their goals as best as possible when it comes to the division of marital assets and property. A few tips can help people in Michigan to achieve a relatively harmonious, fruitful divorce. First, it is wise for those involved to avoid blaming one another or bringing to light personal issues that might disrupt the process. Infighting only makes it harder for the Continue Reading…

Consult an Attorney for Division of Marital Home

On behalf of Kathryn Wayne-Spindler & Associates, PC posted in Property Division on Friday, November 14, 2014. During the dissolution of a marriage, the marital home is usually the largest asset to divide. In addition, it is often also one of the most complicated assets to split. Many Michigan couples find themselves in a difficult situation when it comes to the legal side of the division of assets. In cases in which one spouse wants to retain ownership of the home, the home often needs to be refinanced. However, this is not always simple. Refinancing requires that the spouse wishing to remain in the Continue Reading…

Division of Retirement Assets in Divorce Impacts Future

On behalf of Kathryn Wayne-Spindler & Associates, PC posted in Property Division on Wednesday, November 5, 2014. A Michigan divorce can be emotionally difficult and financially challenging. This is especially true for those who are drawing closer to retirement. Many individuals in that position are worried about how property division issues in their divorce will impact their long-term retirement goals. During a divorce proceeding, retirement savings accounts are usually divided in the same way that other assets are split. These include pensions, IRAs and 401(k)s. If this happens, a person may need to work part-time during retirement to make up for his or her lost retirement savings, Continue Reading…

Who Gets the Ring in a Divorce?

By Christine Long of Kathryn Wayne-Spindler & Associates, PC posted in Property Division on Thursday, November 13, 2014. In Michigan, it is a well-documented understanding that post-divorce, the engagement ring, given in promise of marriage by a man to his future bride, belongs to the wife. No matter who caused the breakup. No matter how much the ring cost. Although some would try to argue that it should be a joint asset to be split evenly, the fact of the matter is that it was a conditional gift, given before the marriage. Once the marriage was complete, the condition was accomplished and the ring belongs to the giftee. Continue Reading…