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The Lemonade Stand

The Lemonade Stand

One of the best ways to learn about finance is to start with a real-world story that everyone can relate to – a story that even kids can understand. The most iconic – if not most enjoyable – business enterprises of childhood is the lemonade stand. Setting up a table and serving a few drinks…

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Prenuptial Agreements in Michigan – The Five Steps and Foreseeability

Prenuptial Agreements in Michigan – The Five Steps and Foreseeability

In the recent case, Reed v Reed, the Michigan Appellate Court made a decision that strengthened the enforceability of prenuptial agreements especially in long-term marriages. Before Reed, there were five basic factors to determine whether a prenuptial agreement is enforceable: Was the agreement obtained through fraud, duress or mistake? Was the agreement unconscionable/unfair when signed?…

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