Divorce Asset Division Help

Summary

In a divorce, its important to consult a lawyer to ensure a fair division of assets, even if both parties agree.

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Divorce
I'm sorry to hear that, ****. Do you and your spouse agree on the terms of the divorce?
Yes
What are the main terms you both have agreed upon? In Michigan, uncontested divorces can be quicker and less expensive.
Im paying her half equity of house and half of 401K even tho shes never payed any thing towards either
Did you acquire the house and 401K during your marriage?

In Michigan, marital property is typically divided equally in a divorce, regardless of who contributed more.
The house yes .. * k I had started before we married then rolled over to my present job
What is the current value of your 401K?

In Michigan, only the portion of the 401K that was accumulated during the marriage is considered marital property and subject to division.
*,*.
What portion of the 401K was accumulated during your marriage?

Explanation:
- In Michigan, only the marital portion of the 401K is subject to division in a divorce.
Not sure ... took out money to buy the house and again to replace septic system
Do you have any records or statements that can help determine the value of your 401K at the time of your marriage and now?
Probably not
It's important to determine the marital portion of your 401K. Can you contact your 401K provider for historical statements?
I can look into that
That's a good step, ****. Also, have you considered seeking legal advice to ensure a fair division of assets?
I have not .. there really not much and we both seem to agree on everything... I guess I dont feel like much more is needed
Even if you both agree, it's beneficial to consult a lawyer to ensure all legal aspects are covered. Would you like a referral to a local attorney in Michigan?