Divorce Isn’t 50/50 — Debunking the Myths About Fairness in Michigan

Episode Summary:

Attorney Kristina Lyke discusses Michigan divorce law, explaining how "fair and equitable" distribution differs from a simple 50-50 split. She covers hidden assets, property division, handling emotional clients, and practical advice for those considering divorce.

 

Key Timestamps:

00:30 - Introduction to fair and equitable concept in Michigan divorce law

03:01 - Example of fair division using vehicle and debt scenario

04:01 - Discussion of inheritance and mixed marital funds

05:28 - How fault affects property division in no-fault state

08:39 - Hidden assets and consequences of non-disclosure

10:19 - Managing emotional clients during property division

13:41 - Challenges of short-term marriages

15:26 - Complexity of dividing retirement accounts

17:33 - Practical advice for protecting assets before filing

 

About The Show:

“Legal Beagle” features attorney Kristina Lyke, founder of Lyke Law PLLC, providing expert legal insights and practical advice on various legal situations. Hosted by Zofia Morales, the show breaks down complex legal topics into understandable information for listeners.