Property division is one of the most misunderstood aspects of any divorce case and attempts to reach an agreement can often turn contentious. In Michigan, the law requires that marital property be divided equitably between the spouses. However, equitable is not the same as equal. The courts have a great amount of leeway when it comes to determining how assets and debt are to be divided. That is why it is important to have experienced legal counsel on your side.
At Amberg, Amberg & Williams, our Traverse City attorneys can help with the most complex property division cases. With more than 35 years of legal experience, we understand how to protect your interests as we work hard to help achieve the best possible outcome in your divorce case. Contact us online or call 231-735-8575, or toll free at 866-447-9209 to schedule an appointment to discuss your situation.
Marital Property Vs. Separate Property
In general, any assets or debt that are brought into or are purchased over the course of a marriage are subject to division. Exceptions are made for separate property. This means that any asset that is kept completely apart from marital property may not be divided.
It can be difficult to determine whether an asset is in fact separate or has been commingled with other property, thus making it marital property. A skilled lawyer can help determine how property should be classified to help ensure that the division is carried out as fairly as possible.
Contact Us If You Are Facing A Divorce
The division of property is rarely straightforward. Protect your interests with our dedicated legal representation. Contact us online or call 866-447-9209 for a free initial consultation with a qualified family law attorney.
