Troy Property Division Attorneys
Michigan is an "equitable distribution" state, meaning that all marital assets will be evaluated and fairly divided between divorcing spouses. However, what is considered to be fair or equitable under the law is not always exactly mathematically equal. It is in your best interests to work with an experienced property division lawyer to help ensure you are receiving a fair property settlement agreement.
At the Law Offices of Ronald M. Bookholder, our divorce attorneys have more than 50 years of combined experience securing our clients' best interests in property division. We work closely with our clients and recommend alternative dispute resolution methods to avoid the financial and emotional toll of litigation. Working collaboratively to negotiate a constructive solution is usually more cost-efficient, faster and less stressful than a prolonged courtroom battle.
To discuss your property division rights, contact the Law Offices of Ronald M. Bookholder online or call 877-502-7892 for a consultation with a highly skilled Troy, Michigan, property division lawyer. We are committed to representing clients in Oakland County, Wayne County and Macomb County.
Highly Skilled Michigan Separate Property Lawyers
Often, any premarital assets that were commingled with the marital property will be subject to an equitable distribution between the divorcing spouses. We also work with appraisers to understand the value of marital assets and the extent of debt. Our law firm is committed to pursuing an equitable distribution of marital assets and debts. Equitable division does not necessarily provide for equal division of the assets. For example, one spouse may maintain the family home, while the other spouse would be entitled to keep property equaling the value of the family home. We have the skills and resources to help secure our clients' rights in this highly complex area of the law.
Premarital property, inheritances and gifts may be considered separate property. The specific facts related to that separate property determine whether the property is included in the marital estate for purposes of division.
Having records regarding the history of the property will be of great assistance in determining whether the assets are separate property or part of the marital estate. Under certain circumstances, separate property may be invaded based upon Michigan law.
Experienced Team of Property Division Attorneys Working for You
At the Law Offices of Ronald M. Bookholder, we are committed to providing sound legal advice and experienced representation to clients dealing with a variety of property division-related issues, including:
- High-asset divorce
- Business evaluation
- Division of marital property
- Separation of premarital or inherited property
- Retirement accounts
Every property division case is fact specific. At the Law Offices of Ronald M. Bookholder, we have access to industry-leading experts including forensic accountants and appraisers to help secure our clients' best interests. We may work with forensic accountants to determine the extent of assets and debts involved in a marital estate. Part of our focus includes reviewing banking accounts and other financial records to trace how assets and debts were handled during a marriage.
Contact Our Oakland County, Michigan, Divorce Lawyers
Discussions over dividing assets can cause emotions to escalate. We offer skilled legal counsel tempered with strong judgment to help protect our clients' financial interests without causing emotions to escalate.
Contact our law firm online or call us toll free at 877-502-7892 to schedule a consultation with a highly skilled divorce attorney. We are committed to representing clients in Oakland County, Wayne County and Macomb County.