Michigan law requires that divorcing spouses divide marital wealth equitably.
There are of course lots of reasons why Michigan divorces involving significant assets are comparatively complex.
If you’re like legions of other Michigan residents, you have a sizable online presence. That is, you are actively engaged on social networking sites like Facebook, Twitter, Instagram and other platforms that dominate the Internet.
Speak with your attorney.
High-asset divorces in Oakland County and elsewhere across Michigan are obviously distinguished from many other marital dissolutions by the significant amount of marital property they involve.
Divorce can be confusing and stressful, especially when you think about all that you have at stake. Your future depends upon a fair settlement. With that in mind, the good news is you can take several steps to improve your chances of a successful outcome.
By now, you’ve probably learned that Michigan’s courts aim to award child custody according to your child’s best interests. And you may have learned about the different factors the court reviews. But as it reviews them, how does the court judge these factors?
Some people are greedy. They know it’s illegal to try to hide their assets and disguise their wealth during divorce. But they do it anyway because they want to keep more than their fair share.
If you or your spouse own a business—either solely or with partners—there’s a good chance the value of that business will matter in your divorce. Even if you have a prenup that will keep the business intact, you may need to determine how much its value increased since you got married.
No one gets married with a plan to get divorced. Even if you hired a lawyer and sat down to sign a prenup, you may not have taken it seriously. It may have just been a thing your fiancé wanted. But you were going to stay married forever, right?