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The breadwinner does not keep everything in divorce. In most states, marital assets are divided equitably, regardless of who earned the income to acquire those assets. Addressing common questions about property distribution in divorce cases. Exploring concerns related to the role of the breadwinner and the stay-at-home spouse.
*Equity vs. Income-Based Division: Clarifying that property distribution is not solely based on who earned the money. Explaining that equity in divorce is more complex than a straightforward income-based division. *Valuing Unpaid Services: Discussing the challenge of valuing the unpaid services provided by a stay-at-home spouse. *The Court's Approach: Explaining the court's perspective on asset accumulation during the marriage. Emphasizing that the court considers when assets were accumulated, not whose income contributed. *Marital Assets and Equitable Division: Defining marital assets as those accumulated during the marriage, regardless of the source of income. Highlighting that the court aims for an equitable division, which may or may not be equal.
It is important to note that equitable division does not necessarily mean equal division. In some cases, the court may award one spouse a larger share of the marital assets if it is fair and just to do so.
(248) 590-6600 Call/Text
Download Divorce & Custody Survival Guide. Click here: https://akivagoldman.com/wp-content/uploads/2022/08/Michigan-Divorce-Custody-Survival-Guide-Goldman-Associates-Law-Firm-1.pdf
Schedule Your Complimentary Phone Consultation: https://app.acuityscheduling.com/schedule.php?owner=17105687&appointmentType=18529428
Visit us at http://www.choosegoldmanlaw.com/
For more information: https://akivagoldman.com/michigan-divorce-lawyer/
For additional information, watch these videos: Can I Avoid Splitting My Assets in a Divorce - ChooseGoldmanlaw https://www.youtube.com/watch?v=yi26Q2mFDsg
Creative Ways to Protect Your Assets in a Divorce - ChooseGoldmanlaw https://www.youtube.com/watch?v=7PSPVO1IRN8
For more information, read blog below: https://akivagoldman.com/does-the-breadwinner-keep-everything-in-divorce-choosegoldmanlaw/
#Michigandivorce #Michiganfamilylaw #DoesBreadwinnerGetEverything #ChooseGoldman #ChooseGoldmanLaw #Goldmanandassociateslawfirm
#ChooseGoldmanLaw
The breadwinner does not keep everything in divorce. In most states, marital assets are divided equitably, regardless of who earned the income to acquire those assets. Addressing common questions about property distribution in divorce cases. Exploring concerns related to the role of the breadwinner and the stay-at-home spouse.
*Equity vs. Income-Based Division: Clarifying that property distribution is not solely based on who earned the money. Explaining that equity in divorce is more complex than a straightforward income-based division. *Valuing Unpaid Services: Discussing the challenge of valuing the unpaid services provided by a stay-at-home spouse. *The Court's Approach: Explaining the court's perspective on asset accumulation during the marriage. Emphasizing that the court considers when assets were accumulated, not whose income contributed. *Marital Assets and Equitable Division: Defining marital assets as those accumulated during the marriage, regardless of the source of income. Highlighting that the court aims for an equitable division, which may or may not be equal.
It is important to note that equitable division does not necessarily mean equal division. In some cases, the court may award one spouse a larger share of the marital assets if it is fair and just to do so.
(248) 590-6600 Call/Text
Download Divorce & Custody Survival Guide. Click here: https://akivagoldman.com/wp-content/uploads/2022/08/Michigan-Divorce-Custody-Survival-Guide-Goldman-Associates-Law-Firm-1.pdf
Schedule Your Complimentary Phone Consultation: https://app.acuityscheduling.com/schedule.php?owner=17105687&appointmentType=18529428
Visit us at http://www.choosegoldmanlaw.com/
For more information: https://akivagoldman.com/michigan-divorce-lawyer/
For additional information, watch these videos: Can I Avoid Splitting My Assets in a Divorce - ChooseGoldmanlaw https://www.youtube.com/watch?v=yi26Q2mFDsg
Creative Ways to Protect Your Assets in a Divorce - ChooseGoldmanlaw https://www.youtube.com/watch?v=7PSPVO1IRN8
For more information, read blog below: https://akivagoldman.com/does-the-breadwinner-keep-everything-in-divorce-choosegoldmanlaw/
#Michigandivorce #Michiganfamilylaw #DoesBreadwinnerGetEverything #ChooseGoldman #ChooseGoldmanLaw #Goldmanandassociateslawfirm
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