Financial separation is a key component of divorce. In Michigan, the equitable distribution process controls not only the division of marital property but also the allocation of marital debts. The court evaluates credit card debts, loans and medical bills alongside assets when determining a fair outcome. Any debts acquired before the marriage are usually the Read More
Read MoreIn Michigan, dissipation of marital assets can play a significant role in both the division of property during a divorce. Dissipation is a spouse’s use of marital assets for purposes unrelated to the marriage, often involving intentional or wasteful depletion of resources. When this occurs, a court can take measures to compensate the other spouse Read More
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