Category Archives: Property Division
What Factors Influence Property Division In Maryland?
Many divorces involve the distribution of marital property. To ensure these assets are distributed in an equal manner, the state of Maryland relies on a process known as “property division.” Property division is a process that allows for marital property to be divided in an equitable manner. Only property that is considered “marital property”… Read More »
Maryland Property Division – Determination, Valuation, Award
Property division usually represents an important aspect of the divorce or annulment process under Maryland family law. During this process, a married couple must split up their marital property amongst themselves. Under Maryland Code of Family Law Section 8-201, property is considered “marital” if it was acquired during the marriage. Though marital property does… Read More »
Maryland Division Of Family Home & Family Property
When a married couple elects to pursue divorce or annulment under Maryland law, they must figure out how to divide their property. In certain cases, a premarital agreement or similar contract establishes these property rights before the marriage ends. But in many cases, the Maryland courts help the spouses figure out property division issues,… Read More »
How Does Maryland Address Family Property Division After Divorce?
When a married couple decides to pursue a divorce in Maryland, there are countless factors to evaluate, including property division. The process of dividing property in a mutually agreeable fashion can be difficult for many parties to a divorce. This is particularly true regarding family property, including the family home and family use personal… Read More »
What are the Maryland Laws for Splitting Up Marital Property?
During the process of completing a Maryland divorce, the spouses must consider how to split up their marital property. Property division can be an incredibly difficult process, as the spouses have to tear apart many aspects of their lives. In many cases, there is also the issue of possession and use of the family… Read More »
The Family Home & Family Use Personal Property in Maryland
When a married couple decides to pursue a divorce in Maryland, they must settle on how to deal with property division. The soon-to-be former spouses must either agree on a fair split or allow a Maryland court to carve up everything. Either way, there must be a final answer as to property division before… Read More »
4 Types of Assets under Maryland Property Division Rules
When a married couple gets divorced in Maryland, there is a system of rules and guidelines in place to determine property division between the spouses. Unlike many U.S. jurisdictions, Maryland does not adhere to community property rules, where the former spouses split all marital assets down the middle. This type of 50-50 split is… Read More »