Tag Archives: Dividing Marital Property
Determining Value & Ownership of Marital Property in Maryland
Unless the parties to an annulment or divorce reach a mutual agreement, the Maryland courts step in to help divide marital property. In the process, the court must separate marital and non-marital property; determine the value of marital property; and resolve any ownership disputes concerning marital property. Determination of Marital Property Maryland Code of… Read More »
How Does Maryland Divide Marital Property During a Divorce?
When a married couple goes through the formal divorce process in Maryland, the court decides on a fair and balanced “equitable distribution” arrangement for property division. This is different from the “community property” approach in certain U.S. states — where the court simply divides all of the married couple’s assets in half. In Maryland,… Read More »
