Regardless of which spouse earned income or acquired a particular item, most assets and debts accumulated from the wedding up until the divorce filing are considered marital property. When the spouses cannot agree on how to divide the marital estate, Michigan courts make a decision according to the principle of equitable distribution, which means that the judge allocates property based on what they believe to be fair. Any pertinent information can be considered, and the end result does not have to be a 50-50 split.