On behalf of Kathryn Wayne-Spindler & Associates posted in Property Division on Thursday, September 4, 2014.
People often enter marriage with the expectation that their marriages will last a lifetime. Some marriages certainly are lifelong. However, many others come to an end sooner than the married individuals may have wanted, leaving the couple debating about how to divide their property and assets while simultaneously trying to process their emotions in Michigan.
Divorce today doesn’t have the stigma it once had years ago. Modern women don’t necessarily have to be married in order to be financially stable, have kids and receive social approval. For many individuals, being independent is much more self-fulfilling than being stuck in a marriage that doesn’t make them happy.
People get divorced for different reasons, including feeling lonely and disconnected from their spouses. Sometimes individuals simply don’t enjoy their spouses’ companionship anymore. At other times, a person may feel forced into being celibate because the marriage is sexless. Getting divorced gives people the opportunity to enjoy life as free, single individuals or to pursue other romantic relationships with the hopes of finding their happily-ever-after scenarios.
Getting a divorce is often difficult emotionally and can also be financially challenging. However, knowing the law with regard to the division of marital property and assets may help two divorcing people to amicably work toward an outcome that benefits them both financially. This may make the transition to being single much easier for the two parties in Michigan. If the two individuals cannot agree on such important matters, a judge must assume the responsibility of making the final decisions for them.
Source: qz.com, “It’s time to accept this fact: A really great marriage is rare“, Danielle Teller and Astro Teller, Aug. 25, 2014