Detroit Michigan Marital Domestic Separation and Property Settlement Agreement Minor Children Parties May have Joint Property or Debts where Divorce Action Filed

State:
Michigan
City:
Detroit
Control #:
MI-DO-11
Format:
Word; 
Rich Text
Instant download

Description

This Marital Domestic Separation and Property Settlement Agreement is a Separation and Property Settlement for persons with minor children. The parties do have joint property and/or debts. This form is for use when a divorce action is pending to resolve all issues. It contains detailed provisions for the division of assets and the payment of liabilities, custody of the children, visitation, child support, etc. It also contains provisions allowing for the payment or non-payment of alimony.
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  • Preview Marital Domestic Separation and Property Settlement Agreement Minor Children Parties May have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement Minor Children Parties May have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement Minor Children Parties May have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement Minor Children Parties May have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement Minor Children Parties May have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement Minor Children Parties May have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement Minor Children Parties May have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement Minor Children Parties May have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement Minor Children Parties May have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement Minor Children Parties May have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement Minor Children Parties May have Joint Property or Debts where Divorce Action Filed

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FAQ

In Michigan divorce law there are two kinds of property: separate property and marital property. Separate property is any property owned by either party prior to the marriage, and some property acquired during the marriage by gift or inheritance.

Michigan is an equitable division state. So the answer to ?Is Michigan a community property state?? is no. This means that the marital assets and liabilities are divided equally between spouses in the event of divorce.

Some people believe that you have to be married at least ten years to receive spousal support or alimony in Michigan. This is also untrue. There is no specific number of years that one must be married to receive spousal support in Michigan.

Marital property is subject to division between the parties. Property division in Michigan follows the rule of equitable distribution. This means that rather than dividing the property equally, property will be divided ?equitably? or fairly.

Michigan is an equitable division state. So the answer to ?Is Michigan a community property state?? is no. This means that the marital assets and liabilities are divided equally between spouses in the event of divorce.

Marital Property Is Divided Fairly If you and your spouse can't agree how to divide your property, the judge will decide. Michigan law requires judges to divide property fairly. Fair usually means that each person gets about half of everything.

If the wife's name is not on the deed, it doesn't matter. It's still marital property because it was bought during the marriage. This makes it marital property and is still split between both parties. The wife is entitled to receive either equal share or equitable share of the house.

After 10 or more years of marriage, an ex-spouse may collect benefits equal to half the benefits being paid to the other spouse, but this does not limit a court or parties from using one spouse's social security payments to provide additional child or spousal support as part of a divorce in Michigan to the other spouse

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Detroit Michigan Marital Domestic Separation and Property Settlement Agreement Minor Children Parties May have Joint Property or Debts where Divorce Action Filed