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Asset Division

Knowledgeable Michigan Divorce Lawyer Advises on Asset Division

Skilled Sterling Heights attorney advocates for equitable distributions

In a divorce, disagreements about the division of marital assets can lengthen the marriage dissolution process and cost both sides money. At Dawson Family Law, PLLC in Sterling Heights, I am a Michigan attorney with more than 40 years of experience representing clients in equitable distribution matters and other aspects of matrimonial litigation. When divorcing spouses cannot agree on a division of assets and debts, state law requires courts to determine what is fair based on statutory standards and possibly other factors, but the division isn’t necessarily an even one. That’s why it’s important to retain an attorney who takes the time to assess how a judge might evaluate your circumstances. Once you’ve determined how to proceed, I’ll press for a resolution that fulfills your objectives.

Proven Sterling Heights litigator handles issues related to property allocation

Whether you’re talking about substantial holdings or items that have great personal value, assets can be hidden quickly. Once you and your spouse have decided to divorce, it’s essential you retain qualified counsel to avert problems that can reduce your share of the marital estate. In a free initial consultation, I will go over issues such as:

  • Marital and separate property — Assets owned individually by one spouse prior to their marriage are considered separate property and remain with the original owner in a divorce. Most assets accumulated during the course of a marriage are classified as marital property and subject to equitable distribution. However, inheritances and some gifts intended specifically for one spouse might be excluded.
  • Equitable distribution factors — Judges can consider whatever information they think is necessary to make a fair determination, but factors that are frequently used include the length of the marriage, each spouse’s income-earning potential, the primary residence of any children, and the cause of the divorce.
  • Property settlement agreements — Property matters can often be worked out through negotiation or mediation. If so, my firm will prepare a detailed settlement agreement that can stand on its own or be incorporated into an overall marital settlement document.
  • Shared debt — Spouses also accumulate debts over the course of their marriage. These also are divided according to the principle of equitable distribution. In cases involving mortgages and other significant debts, I have the knowledge and background to evaluate these obligations properly.

Whether your marital estate includes homes, cars, investments, retirement accounts, shares of a business or other sophisticated assets, I will develop a thorough, accurate valuation and advocate for a property allocation that is truly equitable.

Contact a Sterling Heights lawyer for advice on asset division

Dawson Family Law, PLLC advises Michigan residents on dividing marital assets to ensure a fair distribution following divorce. To schedule a free consultation at my office in Sterling Heights, please call 833-671-4445 or contact me online.

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Office Location
  • Sterling Heights Office
    43805 Van Dyke Avenue
    Sterling Heights, Michigan 48314
    Phone: 586-731-7400
    Fax: 586-731-6370
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  • "Dave Dawson was very helpful and informative. He is a no nonsense kind of attorney that gets results. I would recommend to a friend."  --J.L.

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