No matter how much or little you have, when it comes to divorce, you may find yourself worrying about whether you will be able to hold on to the things that mean the most to you. Marriages do not always last forever and however amicably you separate from your spouse, there is still a chance that you might come to a disagreement over your property or another aspect of your divorce. It is something that many divorcing couples in Michigan have to deal with, but do not be discouraged as it is simply another step toward the next chapter of your life.
If you and your partner cannot reach an agreement on matters such as property division, it will fall to the court to decide how your home, money and other assets will be divided. In some cases, this can be the best option, especially if your spouse is unwilling to agree to reasonable terms outside of the court. If you own high-value property, business assets or other valuable items, this can be even more of a concern as losing the wrong thing during your divorce could impact your future.
Reaching a settlement that you are happy with is important, and it can be a difficult thing to do if you are not familiar with the processes used to make such decisions. This is especially the case if you are also fighting other battles regarding aspects of the split such as alimony, child custody or visitation rights.
If you are planning a divorce, or you are in dispute with your spouse over how your property will be divided, you may be at a loss for what to do next. Our page on divorce law may be able to answer some of your questions and help you decide how to proceed. An attorney might also prove to be of invaluable assistance at this time, overseeing the divorce process and helping you secure a fair and favorable settlement.