Michigan is a 50/50 state when it relates to the division of property and debt in a divorce. All property and debt acquired by parties during a marriage are subject to division, with very limited exceptions. Property includes, but is not limited to: real property, pensions, retirement accounts, bank accounts, and personal property. The Court also divides any marital debt acquired during the marriage. It is important to have an attorney who understands the differences between marital and non-marital property. Our office is here to assist you, and to ensure your assets are protected.