Tag Archives: Maryland Property Division
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 »
What Happens if Divorcing Spouses Cannot Agree on Property Division?
In terms of property division during a Maryland divorce, it is increasingly common for the spouses to enter into a marital separation agreement. By negotiating the exact distribution of all marital property, the spouses can avoid a potentially ugly battle in court. If the spouses cannot come to a mutual agreement concerning their shared… Read More »
How Does Maryland Define Family and Marital Property?
In order to establish clear guidelines for property division during a divorce, Maryland employs several definitions for family and marital property. As highlighted in Code of Maryland 8-201, there are three types of property that are important during the divorce process — family home, family use personal property and marital property. Before progressing any… Read More »
