S9 Ep64: Is Everything Really Split 50/50 in a Divorce?

#ChooseGoldman Many people assume marital assets are always divided exactly down the middle, but Michigan law focuses on achieving a fair and equitable result based on the unique facts of your marriage. Attorney Akiva Goldman explains that while 50/50 is often the starting point, the court has the discretion to adjust percentages to ensure true fairness for both parties. • Equity Does Not Mean Equality: Michigan law prioritizes a fair distribution (equity) over a strictly equal split, which may result in an unequal percentage if the circumstances justify it. • Defining the Marital Estate: Only assets considered part of the marital estate are typically divided, while premarital property may be protected and kept separate. • Valuation Controversies: Determining the fair market value of major assets, like the family home, is a critical step that must be resolved before any division can occur. • Length of Marriage Factors: While long-term marriages often see equal splits, short-term marriages are analyzed based on the specific accumulation of wealth during that brief period. • Fact-Driven Outcomes: There is no "cookie-cutter" approach in Michigan; the specific history, contributions, and facts of your marriage drive the final legal analysis. 📞 (248) 590-6600 Call/Text 📅 For a Complimentary Phone Case Evaluation: https://app.acuityscheduling.com/schedule.php?owner=17105687&appointmentType=18529428 Click here to watch the video: https://www.youtube.com/watch?v=e7-EgiLvR5Q For more information: https://akivagoldman.com/michigan-divorce-lawyer ⬇️ Download Divorce & Custody Survival Guide. Click here: https://akivagoldman.com/free-legal-ebook/ Learn more in our blog: https://akivagoldman.com/blog/divorce/is-everything-really-split-50-50-in-a-divorce Visit us at ChooseGoldman.com #Goldmanandassociateslawfirm #ChooseGoldman #ChooseGoldmanLaw #MichiganDivorce #PropertyDivision #AssetSplit #LegalAdvice #FamilyLaw #MichiganAttorney #EquitableDistribution