By David R. Dawson | Published January 15, 2021 | Posted in Divorce, Family Law | Tagged Tags: bird's nest custody arrangement, divorce, family home, property division |
Who Gets the Family Home in a Divorce?
For many couples, their home is their biggest asset. Thus, it makes sense for people to be worried about how they’re going to deal with ownership of their house when they get divorced. Generally, there are three ways to divide real estate in a divorce. You can sell the house and split the proceeds, one Read More
Read MoreHow to Prepare Yourself for a Divorce in Michigan
The sadness and turmoil of ending a relationship can easily distract a person from the objective focus needed during a divorce. Common mistakes include treating a divorce like a competition or rushing to resolve issues in hopes of getting the process over with. A thoughtful, strategic approach to your divorce can save you time, money Read More
Read MoreFinding Hidden Assets in a Michigan Divorce
It is crucial to obtain full disclosure of your spouse’s assets if you hope for a fair court order regarding alimony and property division during a divorce. Though Michigan law requires both spouses to reveal all of their assets and liabilities, some people still try to skirt the law in the hope that it will Read More
Read MoreMarital Property in Michigan: Who Owns What After a Divorce?
In 2019, a Michigan appeals court affirmed an earlier court decision that a man who won $80 million in the lottery while going through a divorce owed half of the winnings to his ex-wife. Why? Although the couple had split up two years before the man purchased the lottery ticket, their divorce had not yet Read More
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