By David R. Dawson | Published February 29, 2024 | Posted in Divorce | Tagged Tags: equitable distribution, marital home |
In Michigan, the division of marital property in a divorce is governed by the principle of equitable distribution. The goal is to achieve a fair and just settlement by giving consideration to all relevant circumstances. However, the marital home represents a particularly difficult asset to deal with. It is often the couple’s single most valuable Read More
Read MoreDuring a divorce where property is being divided, certain assets may be challenging for the spouses to parcel out. This is particularly true for the marital home. In addition to having sentimental value and being a nurturing place for children, the family home is often a couple’s largest single asset. Although Michigan law includes the Read More
Read MoreDivorce 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
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