Retirement savings often represent the largest share of a couple’s marital estate. In divorce, these assets become a lightning rod for conflict, especially if a high-earning spouse feels the other does not deserve to share the fruits of his or her lifelong labors.
Under Michigan’s equitable distribution law, retirement assets accumulated during marriage are to be divided, no matter who earned the paychecks. However, these assets are not necessarily split 50-50, and there are many complex calculations and considerations.
The Brighton divorce lawyers at the Law Offices of Harris & Literski are highly knowledgeable about dividing retirement assets, from defined benefit plans to individual investments. We aim to clarify disputes over retirement funds to streamline the broader property settlement.