It is important to remember that in a divorce in Michigan, it is not about if it is in your name or your spouse’s name, it’s more about when the asset was acquired. If the asset was purchased during your marriage, then this becomes a marital asset which is subject for division. If the asset was purchased before the marriage, then that would be a different analysis.
The overall key factor is title of property doesn’t determine who gets the asset, but instead if the asset is a marital asset and if purchased during the marriage. Contact us today if you have any questions regarding High Asset Divorce in the State of Michigan.
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Goldman and Associates Law Firm is here to provide you with information about High Asset Divorce in The State of Michigan.