Divorce is not uncommon in Michigan. There are many reasons that you and your spouse may no longer be as close as you once were, but whatever the case, if you are no longer happy in your relationship, it is time to think of the future. You and your partner may be able to find a way to settle your differences and rekindle your relationship. However, if not, divorce or separation could be the answer.
If this is what you decide to do, there will then be a few matters that you and your spouse need to settle between you or have decided by the courts. This can include child support, alimony and how your marital property will be divided. It is possible that you and your spouse will be able to reach mutual agreements on these matters, but it is not always that straightforward.
If the decision goes to the court, then the way your property will be split depends on the state in which the divorce has been filed. In Michigan, the process of equitable distribution is used. As this article on property division explains, this means that the judge tries to find a way to divide your assets with respect to your individual situations and your perceived contributions to the marital property.
If you are considering divorce or in the middle of the divorce process, you may have some concerns about the division of your marital property. Fortunately, there is guidance available. An attorney may be able to assist you and oversee any discussions surrounding property division in order to ensure that your thoughts are heard and that you receive your fair share.