Safeguarding Assets & Securing Futures
Asset Division
Understanding Asset Division in Separation or Divorce
Dividing assets during a separation or divorce requires experienced legal counsel to navigate the challenges of Michigan family law. We promise to fully represent your interests with skilled negotiation, mediation, and litigation for fair and equitable outcomes.
Equitable doesn’t always mean equal. Courts take several factors into account when determining how to divide assets. Our team knows the playbook. Factors include marriage length, financial contributions, and earning potential of both parties.
Let us guide you through the process with a thorough and confidential assessment of all marital and separate property. At Richards Family Law, we handle it all.
Practice Areas
Get In Touch
- 7563 Sweetbriar W. Bloomfield, MI 48324
- (248) 325-8613
- Mon - Sat: 8:00 am - 6:00 pm
Protecting Assets from Bank Accounts to Businesses
Comprehensive Protection for What Matters Most
Most assets acquired during a marriage are considered “marital property” in Michigan. That makes them subject to division. We help shield the possessions most commonly split in divorce, ensuring your financial future for the long term.
- Real Estate
- Retirement Accounts
- Pensions
- Business Interests
- Investments
- Financial Accounts
- Vehicles
- Personal Property
- Debts
- Liabilities
Asset division often involves family homes, 401(k)s and IRAs, business valuations, stocks and bonds, cars, jewelry, and more. We handle everything from mortgages and credit card debts to annuities and artwork.
Marital vs. Separate Property: We Can Tell the Difference
Knowing What’s Yours & What’s Shared
Not all assets are subject to division in divorce. Michigan law recognizes two asset categories:
Marital Property
We help protect assets acquired during the marriage, including joint bank accounts, either spouse’s income, or shared real estate.
Separate Property
We help shield assets acquired before the marriage, including inheritances, personal settlements or property, and gifts.
Trust Richards Family Law to carefully review property classification. Our team can help preserve your rightful assets, prevent unfair claims, and provide practical support.
Your Financial Future Matters — Let’s Plan for It
Strategic Advocacy for a Secure Tomorrow
Michigan courts consider several factors when determining fair asset distribution in divorce.
- Prenuptial agreements
- Postnuptial agreements
- Infidelity
- Financial misconduct
Judges also consider each spouse’s contributions (financial and non-financial) in the marriage. At Richards Family Law, we advocate for your best interests and ensure these factors work in your favor.
Uncover Hidden Assets
Our team helps prevent unfair divorce settlements in asset division cases. We work with forensic accountants and financial analysts to guarantee full transparency. If you suspect your spouse is hiding assets or undervaluing property, let us help you do something about it.
Richards Family Law takes proactive action to locate concealed assets, verify financial disclosures, and negotiate fair settlements. We can also provide custom legal strategies to protect wealth in high-net-worth individuals.
Experienced, Strategic, & Committed to You
Why Choose Us?
Divorce doesn’t have to mean financial devastation. We provide skilled legal guidance to ensure you receive your fair share of marital assets.
Personalized Strategies
Custom solutions tailored to your financial needs and goals.
Strong Negotiation & Litigation
Experts who stand up for your financial future.
Comprehensive Legal Counsel
Experience that overlooks none of the details.
Client-Centered Approach
Your financial stability is our top priority.
Phone
248 325 8613
Get In Touch Today
Request A Free Consultation
We offer free 30 minute consultations. To have an attorney contact you, please fill out our confidential form below.
