Even in the most cooperative of divorces, your spouse could be hiding their assets. This is often done to lower the amount of money awarded to the former spouse or even to lower the amount of child support owed. In Michigan, divorce requires equitable division of assets, but this doesn’t mean equal. It is illegal […]
Archive | Separation of Property
You Don’t Have to be Named on The Title to Own a Piece of Your Spouse’s Property!
Many divorcing couples in Michigan don’t understand how assets are divided in the event of a divorce. And who can blame them? It can be a bit complicated, and because we see so much conflicting information in movies and TV shows (many of which are based on laws in other states, or simply on the […]
Can I Change The Locks if my Spouse Moves Out?
Changing the locks after a spouse moves out is best done AFTER you’ve discussed it with your attorney and got permission from a Judge. We get asked this a lot. People come into the office, curious about how to go about filing for divorce, and they want to know if, since their husband or wife […]
Will I Get to Keep The Stuff I Really Want After The Divorce?
A box of precious photos and mementos can mean a lot to one person and nothing to another… until it’s time to fight over things in the divorce! Having just discussed the issue of who gets the house when you get divorced, we remembered that for many of our readers, the issue of the house […]
Do I Get to Keep my Stuff When I Get Divorced? (Pt 2)
Hey there, welcome back! We’ve been talking about what stuff you get to keep when you get divorced, and what stuff you’re likely to lose in the process. It can be somewhat complicated, as the court in Michigan is very clear about what you can fairly keep, and what you need to share with […]
Do I Get to Keep my Stuff When I Get Divorced? (Pt 1)
For many people who plan to get divorced in the near future, one of the biggest issues they have to deal with is dividing up their stuff. For a few couples (especially those who haven’t been together long and don’t own much, the process is relatively straightforward.) But the longer you’ve been married, and […]
Stashing The Goodies Before The Split – Why Hiding Assets Before a Divorce Is a Bad Idea!
One temptation that many people face when contemplating a divorce, is the desire to stash something away so that you won’t be forced to split it with your spouse. This can be especially enticing if you’re angry with your spouse. What better way to get back at them, than by reducing their portion? Alternatively, […]
What To Do With Your Home Now That You’re Divorcing?
As the largest asset that most Michigan couples own, a home can be a source of great pride and a wonderful financial investment in your future during a marriage. That is, until the marriage doesn’t work out. As soon as divorce enters the picture, all of that changes. Suddenly, what was a blessing can […]
Debt and Divorce – What you need to know about Equitable Division (part 2)
In the previous segment in this two part series on debt and divorce, we talked about equitable division of debt during a divorce, and what that means for couples in Michigan. Moving on, we are going to look at what happens when the court has divided your marital debt, but the spouse it is […]
Debt and Divorce – What you need to know about Equitable Division (part 1)
When people get divorced, their first thoughts, when it comes to finances,are often about their assets. However, while it’s often overlooked, their debts are just as important and can have a very real impact on how the divorce is resolved. Dividing debt or figuring out who has to pay for the house and the […]
