Bromberg Rosenthal LLC
  • Search
  • 301-251-6200

Maryland family law: How property is divided matters

When seeking a divorce, it is common for numerous couples to simply want an even split of property. This is something that they may deem as fair; however, when it comes to Maryland family law, how property is divided does matter. Indeed, it can affect other aspects of a divorce settlement, simply meaning that by accepting certain terms, one spouse may find that he or she is giving up other things that could be beneficial after a divorce is finalized.

Maryland is an equitable distribution state. This means that each spouse should be able to walk away from the marriage with an equal share of assets and debts. However, this does not mean that every account is simply divided in half and turned over the the appropriate party. This means that if one person receives an asset of considerable value, the other party may receive multiple assets that add to equal value.

How property is divided can also affect how much child and/or spousal support one may be granted. To learn more about how property division can affect these areas, please visit our firm's website. Here you will also learn about how an attorney can help you with any other property division problems.

The division of property does not have to be a difficult thing, but it is not something that should be swiftly glossed over either. Divorcing spouses in Maryland can each seek counsel from family law attorneys in order to determine the way that is best to divide their assets and debts. By seeking assistance with this matter, each spouse can walk away from the marriage with a settlement that is truly fair and balanced.

No Comments

Leave a comment
Comment Information

Begin Here

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy