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30-Minute Complimentary Consultation (240) 399-7900
30-Minute Complimentary Consultation (240) 399-7900
30-Minute Complimentary Consultation (240) 399-7900
Part of the divorce process involves dividing marital property. Division of marital property in Maryland is by equitable distribution, which involves dividing marital property between the divorcing spouses in a way that is fair, rather than according to a formula.
How is property divided in a divorce? In order to answer that question, it’s necessary to understand which property is marital and which is non-marital.
Property acquired by one spouse prior to the marriage is typically considered non-marital. Property acquired by either spouse during the marriage is generally considered marital property that can be divided, regardless of who earned it or whose name it is in. There are a few exceptions to this general rule, however:
With very limited exceptions, only marital property is subject to division in divorce. However, non-marital property can become marital property through commingling—being mixed with marital property. An example is if one spouse inherits $10,000 during the marriage, but deposits it in the couple’s joint bank account with other money earned from income.
Division of marital property can be a complex and contested issue in a divorce. Division of marital property can be especially complicated when, for example:
Accurate valuation of an asset, or having a certain asset declared marital or non-marital, can make a huge difference in the amount of property you receive—especially in large or complex marital estates. It’s important to have an attorney who understands how best to advance your position, including advocating for you in court if necessary. The benefit you get from working with an experienced attorney may more than offset your legal fees.
As a life changes attorney, I have been helping my clients navigate transitions like divorce for over 20 years, helping them get the resources they need to move on with their lives. I work with my divorce clients step-by-step to:
Pursue that strategy, whether through negotiation and settlement or contested litigation
Property division can be financially complex and emotionally fraught. I work to make the process as easy and stress-free as possible, and to give you a strong foundation for your future after divorce.
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