After child custody questions, the topic of property division is often high on the list of concerns for couples going through a divorce. Whether you have been married two years or 20 years, Michigan classifies as an equitable property division state (rather than a community property state.) What this means is that state law determines, at the basic level, how marital property is assessed and ultimately divided, in a divorce.
If you and your spouse have made the difficult and much debated decision to divorce, it's time to look to what's next. There are many emotional and also administrative aspects to consider when going through a divorce. However, there are areas where the two intersect. One of those topics is child custody and the other, property division.
Property division can be one of several challenges divorcing couples face which makes understanding the property division process in Michigan useful. Equitable property division rules are followed in Michigan which means that property is divided fairly between the divorcing spouses but no necessarily in half.