How will our property be divided is a divorce?

In Michigan, assets and debts accumulated during the marriage are typically divorce equally.  With every general rule there is always exceptions.  Premarital or gifted property can be considered separate and not part of the divorce.  Additionally, in Michigan, fault can change the division of property and debts.  If a party is a fault for the breakdown of the marriage, assets and debts can be divided 60/40.