Of note in the Legislature: Divorce property divisions and COA filing fees

Statutory presumption for marital property splits proposed: Property acquired during a marriage, regardless of how the title is held, would be presumed to be marital property under HB 4672 and HB 4673.

The presumption could be rebutted by evidence to the contrary. The presumption would apply to real property and stocks.

HB 4673 also contains a list of factors courts must consider when untangling commingled marital and nonmarital assets, and another list of factors to determine how marital property should be divided.

The bills are currently in the House Judiciary Committee.

Bill would nix lower COA filing fees: Two statutory motion fees in the Court of Appeals would remain intact under HB 4731. The standard $100 motion fee and $200 fee for expedited appeals, see MCL 600.321, would have dropped to $75 and $150, respectively, on Oct. 1, 2012.

The bill is in the House Appropriations Committee. A hearing is set for June 22.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s