Seasoned Representation for Property Division
Our Anne Arundel Divorce Lawyers Can Provide Counsel
While some divorcing couples are able to come to an agreement on how to
divide their assets, others need guidance to help negotiate a settlement.
In Maryland, the law requires that the assets be divided as equitably
as possible. If you are headed for divorce and need to protect yourself
and work towards a fair division of your property, call Trunnell Law,
LLC for counsel and representation you can rely on.
Our Anne Arundel County divorce attorneys have more than 30 years of collective
experience in litigation and mediation, equipping us to help you navigate
any type of property division. You need seasoned legal advice when beginning
divorce proceedings and our firm can provide exactly that. As a well-rounded
legal team, we are here to take on your case.
How is property division determined in Maryland?
When it comes to property division, how matters are handled will depend
on the type of divorce proceedings a couple is involved in. In an uncontested
divorce, a couple will work together to determine who will keep what asset
and divide it between themselves to the best of their abilities. In a
contested divorce, the couple may not be able to agree, so the court will
take on this responsibility for them.
Maryland courts use the following factors in dividing the property:
- The length of the marriage
- Each spouse's economic circumstances
- Marital misconduct contributing to the divorce
- Each spouse's contributions to the well-being of the family
- Each spouse's physical and mental condition
- How and when the specific property was acquired
- Whether one spouse is receiving maintenance or alimony
The court will typically first determine which assets and debts are marital,
and which are separate. Anything gained by a spouse prior to or completely
outside of the marriage, such as inheritance, may be considered separate,
so long as they didn't combine it with marital assets. Marital is
anything acquired during the marriage, including retirement accounts,
property, and any other assets. The court will then distribute the assets
equitable, which means fairly, rather than evenly.
Retain Experienced Divorce Counsel Today
At Trunnell Law, LLC we understand that property division can be one of
the most contentious parts of a divorce. Having our seasoned Crofton property
division lawyers on your side can be very effective when trying to negotiate
a favorable division of assets.
Give us a call today or fill out a
free case evaluation to take the first step in your case!