Episode Summary:
Attorney Kristina Lyke discusses Michigan divorce law, explaining how "fair and equitable" distribution differs from a simple 50-50 split. She covers hidden assets, property division, handling emotional clients, and practical advice for those considering divorce.
Key Timestamps:
00:30 - Introduction to fair and equitable concept in Michigan divorce law
03:01 - Example of fair division using vehicle and debt scenario
04:01 - Discussion of inheritance and mixed marital funds
05:28 - How fault affects property division in no-fault state
08:39 - Hidden assets and consequences of non-disclosure
10:19 - Managing emotional clients during property division
13:41 - Challenges of short-term marriages
15:26 - Complexity of dividing retirement accounts
17:33 - Practical advice for protecting assets before filing
About The Show:
“Legal Beagle” features attorney Kristina Lyke, founder of Lyke Law PLLC, providing expert legal insights and practical advice on various legal situations. Hosted by Zofia Morales, the show breaks down complex legal topics into understandable information for listeners.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.