Contact a Michigan Lawyer to Discuss Marital Property Settlements Involving a Business, Stock Options or Real Estate
Dividing marital property can be challenging in any marital dissolution, but is even more complex when there are substantial or fluid assets, such as the following:
- A business or businesses owned by one or both spouses
- Stocks, bonds, stock options
- Real estate beyond the marital home: a vacation home (condo or single-family dwelling), real estate located abroad, a family cabin, any inherited real estate, a time share or an investment rental property, for example
- Retirement accounts
- Unusually valuable items such as art, antiques, other collectibles or heirloom jewelry
Any such high-value assets must be properly disclosed and valued as part of the divorce process. Asset division may be further complicated by factors including the following:
- Any existing prenuptial agreement
- Competing interests of business partners
- Business losses or gains
- Unresolved estates still in probate
To determine equitable property distribution in a divorce involving high-value assets, it may be necessary to hire experts to accurately determine the value of a closely-held business, stock options or real estate.
Regardless of your situation, you are encouraged to discuss the complexities of high-asset division in a Michigan divorce with an experienced family law attorney. Attorney Jeffery Cojocar is no stranger to unique, difficult civil litigation matters including high-asset division/property settlement agreements. He is well established and respected by former clients and legal peers alike.
Discuss Your Property Settlement Issues with a Michigan Family Law Attorney
Contact the law firm by phone or e-mail to schedule an initial consultation with a lawyer regarding a pending or anticipated divorce. Call us to find out what you need to know about business valuation, real estate valuation and distribution of stock options in property settlement agreements in Macomb County, Oakland County or elsewhere in Michigan.
