One of the most critical, and often demanding or stressful, parts of divorce is the division of property. When both spouses can’t agree, legal experts need to get involved to manage the situation.
At our firm, we have years of experience helping clients just like yourself exit divorce with the property they’re seeking.
There are several things you should know about property and asset division before you jump into a divorce. To better help you learn the basics, check out these four things you should know.
1. Settlements of property are typically final. Things like child support, visitation, custody or alimony can be open to renegotiation down the line, however, when property has been divided, it’s usually cut and dry.
2. You must be honest about financial declarations. The value of your marital estate needs to be accurate and honest. Don’t try to hide things. If you do, and the judge finds out, it’s not going to bode well for you in a court of law. Also, don’t try to hide assets, whether monetary or physical objects.
3. Don’t sweat the small stuff. Remember that divorce can bring out the worst in both people—try not to behave out of spite or “just because”. The longer both parties’ argue will also result in higher legal bills.
4. Pets are property in a judge’s eyes. Determining which party is best suited to care for a pet can be a difficult task. If you end up letting go of your four legged friend to be cared for by your ex, realize there are plenty of adoptable pets at your local shelter that would love a home with you.
Get the Expert Help You Need
At Goldman & Associates law firm, our team of experienced Michigan family law attorneys can help you divide your property in a way that’s pleasing and desired by both parties. If you’d like to learn more about your options, we invite you to contact our firm to schedule a free, no obligation consultation today.
We look forward to speaking with you about your legal needs!