Articles Posted in Uncategorized

SMDA Partner Phillip Serafini is a 2022 Super Lawyer
Serafini, Michalowski, Derkacz & Associates

SMDA, PC is proud to announce that one of our founding partners, Phillip Serafini, has once again been selected as a Super Lawyer for Plaintiff’s Personal Injury Attorneys for 2022. Super Lawyers is a rating service of outstanding lawyers who have attained a high-degree of peer recognition and professional achievement. Their patented attorney selection process…

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Court of Appeals Decision Represents Major Victory for Survivors of Catastrophic Crashes and their Families
Serafini, Michalowski, Derkacz & Associates

SMDA is proud to report that survivors of catastrophic crashes and their loved ones, including a number of my clients at Serafini, Michialowski, Derkacz & Associates, PC, won a major victory in the Michigan Court of Appeals today. The Court issued its long awaited decision in Andary v USAA and held that benefit reductions passed…

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The importance of Medicaid planning
Serafini, Michalowski, Derkacz & Associates

If your parents are at the age when illnesses and medical conditions are a concern, you will have worries about the costs of long-term care. One of the biggest problems confronting senior citizens today is the extraordinary cost of this care. Such costs can exceed one’s entire lifetime savings. When proceeds come to an end,…

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Steps to take if a friend’s dog bites you
Serafini, Michalowski, Derkacz & Associates

You may be over at a friend’s house when, out of nowhere, an otherwise friendly dog bites you. Over 4.5 million Americans receive dog bites each year, shares the American Veterinary Medical Foundation. While a decent amount are superficial wounds that do not require any medical attention, plenty of people need to go to the…

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Ways to manage financial pitfalls during late-in-life divorce
Serafini, Michalowski, Derkacz & Associates

Getting divorced at any age creates profound stress and uncertainty. However, this is even more so for older individuals. There are several considerations to help prepare yourself from financial pitfalls. 1.) Create an inventory of all assets, before meeting with your attorney. You should know how each asset is titled (jointly or individually). 2.) Be…

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Deciding where to live after divorce
Serafini, Michalowski, Derkacz & Associates

There are three main options that you have, when deciding where you are going to live after your divorce: 1.) Stay in the home; 2.) Purchase a new home; or 3.) Rent a new property Some factors to consider when deciding which option is best for you, are as follows: 1.) Is the location convenient…

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Five Questions to Ask Your Adult Siblings
Serafini, Michalowski, Derkacz & Associates

We handle numerous probate and trust administration cases, where siblings do not get along. It is better to work through issues with your siblings, prior to your parents’ passing away, as there is less stress and emotion. There are several questions to ask your adult siblings, which may help repair and strengthen your relationships. 1.)…

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Business ownership and divorce, part 2
Serafini, Michalowski, Derkacz & Associates

How to reconcile the valuation of a business, its potential equity distribution, and support obligations. If you are a business owner, you want to ensure that your spouse is not able to “double dip” in receiving part of the business, and spousal support based upon your income. This would allow your spouse to receive double…

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Hawaii to decide first of its kind LGBTQ presumption of parentage case
Serafini, Michalowski, Derkacz & Associates

The Hawaii Supreme Court is listening to arguments in a significant LGBTQ case, involving legal parenthood. The case involves a lesbian couple, where one of the women sought out a sperm donor and became pregnant while the other woman was deployed in the military. Upon returning from deployment, the non-pregnant spouse filed for divorce. The…

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How the tax overhaul will affect spousal support deductions
Serafini, Michalowski, Derkacz & Associates

The new tax overhaul will remove a 75-year-old tax deduction for alimony payments. The new rule will not affect anyone who divorces prior to 2019; however, it will certainly change divorce negotiations. What’s changing? Currently, the spouse paying alimony can deduct it from their taxes and the spouse receiving the alimony pays taxes on it.…

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