Grand Rapids Division Of Property Attorney
In Michigan, property division during divorce follows the equitable distribution principle. This means that marital assets are divided fairly but not necessarily equally. As a property division attorney in Grand Rapids with over 20 years of experience, I have seen how this law impacts families. I am dedicated to handling each client’s unique situation with the utmost care and fairness.
I am Michael Haskell, founder of Haskell Law, PC, in Grand Rapids, Michigan. Not only am I a seasoned divorce attorney, but I also hold an MBA and am a divorced parent, which means I bring a unique perspective to property division cases. I understand the emotional and financial complexities involved, especially when children are concerned. I combine compassionate understanding with aggressive advocacy to protect your rights and assets.
Legal Considerations For How Property Is Divided In Michigan Divorce
When dividing property in a divorce, Michigan courts take into account several key factors. These include:
- The duration of the marriage
- The contributions of each spouse to the marital estate
- The age and health of each spouse
- The needs of each spouse
- The earning abilities of each spouse
- The standard of living during the marriage
If you have children, their livelihood is also a key consideration in asset division. As a parent, I know how crucial it is to prioritize their needs and ensure they are cared for during this difficult time. As your divorce lawyer, I will fight to secure a fair distribution that supports your family’s future.
Factors Complicating Property Division
Sometimes, property division matters can become thorny due to various factors, such as:
- Hidden assets: Some spouses may attempt to conceal property or funds, making this process especially complex and contentious.
- Undervalued assets: Parties may intentionally undervalue property to reduce the share given to the other spouse, leading to an unfair outcome.
- Comingled business assets: Mixing separate and marital assets can blur the lines of ownership, complicating the division process. Separating personal and business assets can also be challenging.
- Business interests: Dividing business assets requires careful valuation and consideration, as it can impact the livelihood of both parties.
These complicating factors make it incredibly challenging to divide marital assets and liabilities fairly. As an attorney with an MBA, I have the legal and financial acumen to navigate these complex situations and protect your rights.
Call Me For A Free Consultation
Contact me today if you need dedicated support and strategic advocacy in property division matters. I understand the challenges you’re facing and am committed to helping you achieve a fair and just outcome. Call 616-420-1522 or send me a message online to set up a free consultation.