As readers of this legal blog likely know, our state uses the equitable distribution theory in the divorce property division process. This means that instead of dividing marital property as close to 50-50 as humanly possible (like in a community property state),...
Gray divorces in Michigan and throughout the country are on the rise. A gray divorce is a divorce involving spouses who are over 50 years old. Many couples at this age have been together for decades. This means that the amount of assets involved may be quite higher...