Maryland & DC Marital Asset Division: Equitable Distribution Lawyer
FAMILY LAW
ESTATE PLANNING, PROBATE & LITIGATION
LEGAL GUARDIANSHIPS
Marital Asset Division in DC & Maryland: Protect Your Fair Share
Divorce is a complex process, and dividing marital assets can be particularly challenging. In Maryland and DC, which are equitable distribution states, understanding what constitutes marital property and how it’s divided is crucial.
Marital Property vs. Non-Marital Property
- Marital Property: Assets acquired during your marriage, regardless of who earned or purchased them, are generally subject to division.
- Non-Marital Property: Assets acquired before marriage, inherited, gifted, or excluded by a prenuptial agreement are generally not subject to division. However, there can be exceptions, especially with family businesses.
Equitable Distribution: What Does It Mean?
Equitable distribution doesn’t always mean a 50/50 split. Courts consider various factors to achieve a fair division, including:
- Each spouse’s contributions to the marriage
- The length of the marriage
- Each spouse’s financial circumstances
- Any marital misconduct
Retirement Accounts and Asset Division
Retirement accounts are typically considered marital property and subject to division. The division method will depend on the type of account (e.g., pension, 401(k)).
Protect Your Assets with Experienced Legal Guidance
The Law Offices of Thomas Stahl has over 13 years of experience helping clients navigate complex asset division issues. We’ll work tirelessly to ensure you receive a fair and equitable outcome.
Schedule a Consultation Today
If you’re facing a divorce in Maryland or DC, don’t navigate asset division alone. Contact The Law Offices of Thomas Stahl today at (410) 696-4326 or (202) 964-7280, or complete our online contact form.