Any single issue can become a hang-up in divorce cases in Michigan, from child custody and support to alimony and property division. However, for many people, the property division issue is crucial. There is a recognition that the manner in which the property division issue is addressed in the divorce case could have repercussions for years to come. So, how will you solve the property division issue in your case?
What are your options?
For most people, the options for paths forward in the property division issue will likely depend on the stance of the soon-to-be ex-spouses. Is the divorce case full of acrimony and ill-will between the spouses? Or, is there a chance that the divorcing spouses can be civil enough to discuss the legal issues in the divorce case as they are? Which is, issues to be solved, so that the parties can move on with their lives.
For divorcing spouses with hardened stances, fighting the issues out in courtroom litigation may be the only option. If the spouses cannot agree on how property and debt will be divided, there may be no other choice. Taxes, inheritances, business interests and retirement funds, for example, can all cause sticking points in the issue of property division. But, if the couple can attempt to negotiate in good faith over the issue of property division, other options, such as mediation, may be useful in attempting to solve this issue.
At our law firm, we understand that property division can be a tricky issue to solve. We work with our clients to attempt to find solutions. For more information, please visit the property division overview section of our law firm’s website.