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Divorce Isn’t 50/50 — Debunking the Myths About Fairness in Michigan
Manage episode 493326704 series 3662695
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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.
6 episodes
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