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Property / Asset Division Attorneys Grand Rapids

January 11, 2022 John Engman & Associates

Property / Asset Division Attorneys Grand Rapids

property division

 

In dealing with a divorce, you need the help of a property/asset division attorney in Grand Rapids. Division of property is often a troublesome process for couples going to divorce. This is why the help of a reliable and experienced attorney is a must. To avoid issues and complications in the future, it is best to settle this concern right now.  Things such as spousal support, divorce modifications, and the rights of an unmarried fathers are also service that we offer.

If you want to make sure that your assets are protected and would have a good chance of maintaining possession of your beloved property, call us. It would be our pleasure to assist you when it comes to the division of marital property. Here at John Engman and Associates, we have dedicated attorneys who have been in service for several years already. We will help you get the best outcome in terms of asset division in your divorce.

Property Division Considerations

When it comes to property/asset division, several things get into consideration. The first is whether the properties are part of the marital estate. In most cases, assets before the marriage are considered non-marital property, except when these assets are combined on paper during the marriage. For assets acquired by both parties during the marriage, these are considered marital property. And these are the properties that need to be divided during divorce. This might sound simple at first glance but some assets seem to be marital but legally no-marital. This is the reason why having a property/asset division attorney’s Grand Rapids on your side during this situation is necessary.

In most courts, the division of property is not necessarily divided equally. The division could be based on several factors including the following:

  • The length of the marriage
  • The earning capacity of each party including their current income and personal assets
  • The age, health, and other future needs
  • The child custody agreement 
  • The contribution of each party to the creation of the property/assets

These are just some of the factors considered during the division of property. Even the reason for the divorce would be discussed in court. What did the husband and wife do or did not do which led to the divorce? Things could even get more complicated when it involves complex financial matters

With the right property / asset division attorneys Grand Rapids, you can be assured that even with complex financial matters you’ll still get a desirable outcome. No matter the difficulty of the case, our attorneys will handle everything professionally keeping in mind your best interest.

Contact Property / Asset Division Attorneys Grand Rapids

Can we just go with the settlement without the aid of attorneys? Yes, that could be possible, but in most cases, this type of settlement usually ends up with lots of complications in the future.

If you would like to discuss how to protect your property/assets during your divorce, please do not hesitate to give us a call. We will immediately schedule an initial consultation with you. In the consultation, you can give us all the details regarding your properties and assets. And base on the details given, our team of expert attorneys will set realistic expectations. 

At John Engman & Associates, P.C., our Michigan divorce attorneys will do everything in their power to help you through this difficult time To request a consultation with one of our Grand Rapids, MI drug lawyers, give our office a call at (616) 454-5222.