Brighton Divorce Lawyer
The Law Office of David G. Johnson located in Brighton, Michigan
Challenges of Property Division
Understand the difference between marital estate and separate property. The first step is to make sure all property and liabilities are identified.
Property division is not a simple 50/50 split.
The court will look at the separate property, marital property and each spouse’s contribution to the estate. It is extremely important to arrive at a divorce property division settlement that you are satisfied with because, except in very rare instances, it cannot be modified once the Judgment of Divorce is entered.
The following is a beginning list to consider in
Retirement portfolios or stock
Jointly held accounts or debts
Vehicles and other assets
Investment accounts or property
Family business Assets
Jewelry and other valuables