By David R. Dawson | Published June 22, 2022 | Posted in Divorce | Tagged Tags: equitable distribution, marital property, separate property | Comments Off on When Can Separately Owned Assets Be Part of Equitable Distribution?
When Can Separately Owned Assets Be Part of Equitable Distribution?
In many divorce cases, one of the major issues is how assets will be divided between the spouses — a process known as equitable distribution. There are two types of property to be considered in this regard: separate and marital. Separate property is any asset that one spouse owned prior to the marriage or acquired Read More
Read MoreFacing Divorce and Bankruptcy: Which Should Come First?
Divorce and bankruptcy can be difficult and traumatic experiences. Unfortunately, some people suffer both in short succession. Financial problems often lead to marriages dissolving and divorce typically has financial consequences for both spouses. Although it is possible to file for divorce and bankruptcy at the same time, this is usually impractical. A common question is Read More
Read MoreAdvantages of Divorce Mediation Over Litigation
Some divorce cases turn into bitter, stressful and expensive court battles that can last for months or even years. However, most divorces can be resolved without a struggle if the spouses reach an agreement on essential matters, such as child custody, child support, spousal support and property division. One effective tool for forging such an Read More
Read MoreCalculating Spousal Support in a Michigan Divorce
Spousal support (otherwise known as alimony) is court-ordered financial assistance paid by one spouse to the other following a separation or divorce. The purpose of spousal support is to help the receiving spouse maintain their standard of living, which may be difficult to do if they were previously relying on the other spouse’s income. In Read More
Read MoreHow a Parent’s Personal Habits Can Affect Child Custody
Judges making decisions as to custody and parenting time must consider a number of factors relating to the best interests of the children involved. Among those factors is whether each parent can provide the children with a stable and safe home environment. The moral fitness of the parents — as demonstrated by their behavior — Read More
Read MoreSpecial Considerations When Divorcing a Narcissist
Divorce is never easy, but divorce proceedings can be especially complicated and difficult when one spouse is a narcissist. People afflicted with this personality syndrome are highly self-centered and tend to have an inflated sense of self-importance. They may be lacking in empathy and often exploit or manipulate others for their own gain. Narcissistic behavior Read More
Read MoreCan Your Spouse Have You Evicted from the Home During Divorce?
Divorce ultimately results in the ex-spouses having separate households. A common question is whether one party can retain possession of the marital home while the divorce proceedings are pending. Except in rare cases, one divorcing spouse cannot just kick the other spouse out of the house on their own accord. However, one spouse may be Read More
Read MoreOptions for Enforcing Child Support Orders in Michigan
Ensuring that minor children have adequate care and support after a divorce or separation is a primary function of the Michigan family courts. Unfortunately, some parents fail to meet their child-support obligations by not paying in full or on time. When this happens, the parent with primary custody of the child has several tools available Read More
Read MoreCan One Divorcing Spouse Be Made to Pay the Other’s Legal Fees?
Michigan, like most other U.S. states, follows the rule that litigants in civil cases are generally responsible for paying their own attorneys’ fees. However, in exceptional circumstances, the payment obligation can be shifted from one party to another. In divorce or separation cases, this can occur when one spouse is at a significant financial disadvantage Read More
Read MoreUseful Steps to Take in Preparing for Divorce
Divorce can be emotionally and financially draining even when ending the marriage is in the best interests of everyone. Dissolving a marriage can have long-term legal and financial implications for the spouses and any minor children. Some careful preparation can help make the process smoother, less taxing and more likely to have a productive outcome. Read More
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