Asset and Marital Property Distribution
The process of determining and then dividing marital property is a complicated issue in a divorce. It can be very difficult to sift through what is marital property and what is separate property, and gather the necessary documentation. The lawyers at Shaw Law Group, PLC in Grand Rapids, Michigan, can help you evaluate the marital assets and fight for a division that is fair.
Determining Assets and Marital Property
At Shaw Law Group, PLC, we represent the best interests of men facing a divorce. We expect our clients to be up-front and honest about their assets and not to hide anything. We perform a detailed review of your wife's assets and any bank accounts. If we suspect that she has not completely disclosed finances or assets, we will recruit forensic accountants to locate that important information.
What You Are Entitled To
Simply put, the assets you owned when you entered into your marriage are yours to take with you. That same rule applies to your wife. Assets acquired during the course of the marriage, no matter who paid for them, are considered marital property, and subject to a fair and equitable distribution.
Commingling of Funds
Throughout the course of a marriage, you and your wife may keep separate savings and checking accounts. However, if you deposit money in her account and she put money into your account, those funds are now commingled and are now marital property.
The goal is for the assets and marital property to be divided with everyone coming away from the divorce with an equal amount. For more information or to schedule an appointment, please contact the divorce for men attorneys at Shaw Law Group, PLC.