What’s yours is both of yours? Maybe! The dangers of commingling assets.

The Michigan Court of Appeals has recently changed the rules regarding commingling of assets. Lawyers must advise their clients accordingly and clients should seek competent legal advice before commingling assets with his/her spouse. When dividing property in a divorce, a primary consideration is whether the property is ‘marital’ or ‘separate’. Generally, property acquired during the[…]

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