Your Lawyer in Columbia, MD, for Marital Property Division
Divorces can be complicated and emotional for many different reasons – such as property division. Who is taking the home and vehicles? What about smaller items, like major appliances and electronics? After building a life together, it’s difficult to untangle the physical aspects. Fortunately, you can work with a lawyer in Columbia, MD, to make it easier.
The Law Offices of Dwight W. Clark, L.L.C., includes numerous attorneys with extensive experience in marital property division. Schedule a consultation with one of our Howard County lawyers to get answers to your questions, including what to expect from the division process and how the law determines who claims which assets.
We represent you throughout the process for a smoother, less stressful transaction. Furthermore, if you need to dispute a property claim made by your former spouse, we represent you and argue your case to our fullest abilities. Turn to our family law attorneys in Anne Arundel County to get the support you need during this challenging period.
For an initial consultation, contact our law firm online or call 888-523-6081.
Determining What Is Marital And Non-Marital
Not all property is considered marital property for the purposes of division during a divorce. The Marital Property Act defines what is and is not marital property.
This act can also help you determine who gets the house in a divorce.
When filing a joint marital property statement, parties each provide information that comprises three areas:
- Property that both parties agree is marital property, such as a savings account
- Any property both parties agree is not martial (inheritances and personal property acquired before the marriage, for example)
- Disputed property, such as retirement funds or business assets
Maryland is an equitable property state. This means that the division of debts and assets needs to be fair, but not necessarily equal. Some parties may receive more than the other may when the final division is completed.
Maryland courts consider many factors when determining which party receives certain assets and debt gathered before and during the course of the marriage. We review these factors with our divorce clients to assist them in acquiring realistic expectations of the outcomes in their divorce.
Get Help Minimizing Your Three Largest Expenses
In any divorce, individuals have three expenses to consider: money, time and emotions. Our job at the Law Offices of Dwight W. Clark, L.L.C., is to help you minimize these costs. Our efficiency and skill will help you keep those expenses to a minimum.
Contact the Law Offices of Dwight W. Clark, L.L.C., to speak with a lawyer about asset or property division in your divorce. Call 888-523-6081.