How do Michigan courts divide personal property in a divorce?
Equitably, not automatically 50/50. Circuit courts apply the Sparks v. Sparks factors, including length of marriage, contributions to the marital estate, age, health, earning ability, and conduct, under MCL 552.19 and MCL 552.401 to divide vehicles, jewelry, art, business interests, and household contents fairly. Reliable fair market values give the court the numbers that division depends on.
Does Michigan require a specific license for divorce appraisals of personal property?
No. Michigan law does not mandate a single certification for personal property appraisals in divorce, and courts may weigh expert testimony alongside documentary evidence of value. What matters is defensibility: our appraisers prepare USPAP-compliant fair market value reports built to hold up under cross-examination.
What value applies to household items and heirlooms in a Michigan divorce?
Current fair market value. Michigan courts look to what property would bring between a willing buyer and seller today, not original cost or replacement value. Everyday furnishings are often valued in aggregate, while heirlooms, art, and collectibles with significant value warrant individual appraisal.
Can a Michigan judge award the value of an item instead of the item itself?
Yes. MCL 552.19 lets the court either restore property to a spouse or award its value in money, and the divorce judgment itself operates as a bill of sale for awarded personal property. Because either outcome is possible, valuations need to support both in-kind division and cash equalization.