Michigan is an equitable division state which means the court will divide the parties’ marital property in a fair but not exactly even way. Generally, the court will split marital property about 50/50. Marital property is anything the parties acquired during the marriage with a few exceptions. Michigan recognizes separate property when one party obtains property meant to be kept apart from the other spouse (typical examples are inheritances or personal injury settlements). The separate property can also be obtained before the marriage but it must be kept separate during the marriage and not commingled with martial assets. If the separate property is commingled then it becomes marital property subject to being divided. Even separate property can be invaded in a property division under certain circumstances. Like assets, martial debts are divided between the parties on a generally 50/50 basis. Business interests are often the most contentious disputes due to differences in valuation.