Property Division Lawyers In Grand Blanc
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Experienced Division of Marital Property Attorneys
Getting a divorce is an extremely emotionally draining process, especially with all the elements that come with it. One of the most argued-about elements is the division of marital property. Before discussing how to divide marital property, it is important to know what marital property is.
Marital property is a legal term used at the state level in the United States to describe property obtained during a marriage. Separate property refers to property acquired prior to the marriage, as well as inheritances and third-party offerings received during the marriage. Signing a prenuptial or postnuptial agreement allows marriage spouses to exclude specific assets from their marital property.
In the case of divorce, a court will decide how to divide the marital property, unless both parties can agree mutually on how to divide the property amongst them. However, if the couple has previously divided the property in their prenuptial agreements, then this contract will be followed – if it does not violate any federal or state laws. Given that this process dictates how your property will be divided, it is necessary to hire a well-trained and informed divorce attorney to help you with this specific procedure. Birka Law PLLC has many qualified divorce attorneys that specialize in the division of marital property in Grand Blanc, Michigan.
Our attorneys understand the stress of having to decide what happens to your legally owned property during a divorce, therefore it is our main goal to make sure you do not lose all you worked hard to obtain. When going through a divorce, there are many legal steps you need to take in order to ensure your marital property is divided equitably between the both of you.
Keep in mind that equitable does not mean equally divided in half, it means that the property will be divided fairly based on a certain criterion. Given that “fairness” is subjective, your attorney will assist you in acquiring your share without compromising your legal rights. In addition, our attorneys will defend your case in court and help mediate any problems that may arise between you and your spouse during the process of dividing the marital property.
How Judges Determine The Division of Marital Property
The court bases its decision on how to equitably divide marital property based on several elements. These elements include:
- The length of the marriage;
- The spouse as an individual – the age, health, education, and financial earnings of each spouse;
- The financial requirements and support each spouse needs;
- Any prenuptial, postnuptial, or separation agreements;
- What separate assets each spouse owns;
- The contribution of each spouse to the possession of particular marital assets;
- The contribution of each spouse to the household and family unit;
- Most crucially, the conduct of each spouse during the marriage.
Contact Our Property Division Attorneys
If you or a loved one needs an experienced division of marital property attorneys in Grand Blanc, Michigan; call us at (810) 908-4547 or fill out the form below. We’re ready to work with you to reach a mutually advantageous agreement that doesn’t compromise your legal rights! Our attorneys are also knowledgeable in a number of other areas of family law. Visit our family law page to learn more.