Divorce: Asset Split

Q: My spouse said if I ask for a divorce, he/she will see to it that I get nothing! Can this really happen?

A: The simple answer is no.

Michigan law requires the family court to distribute marital property based on what is fair and equitable given the specific set of circumstances attributed to that marriage.

Marital property is any real estate, personal property, investments, retirement accounts, pensions, bank accounts or other assets acquired by either spouse during the marriage. It does not matter who earned it or whose name is on the title. If it came to the person during the marriage, it is most likely considered marital property and is subject to division in a divorce. There are very few exceptions to this rule.