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Equitable Distribution Vs. Community PropertyWHAT YOU NEED TO KNOW - BE SMART AND UNDERSTAND THE LAW What is, in plain English, the difference between a "community property state" and an "equitable distribution state". In a community property state the marital property is generally split 50/50. However, Maryland follows equitable distribution rules which means the Court does not have to divide everything equally. Here is what the Court looks at:
For a very useful article on how a small business is valued during divorce However, as a general rule the Court will divide fairly equally marital property in the typical marriage setting. By:
By Belli, Weil & Grozbean, P.C.Our family law section is headed by STUART H. GROZBEAN. Mr. Grozbean was named to "Who's Who" in 1998, 1999, 2000. He is now a life member of "Who's Who", a prestigious national recognition of outstanding professionals in the United States. He is also the developer of the child support guidelines program in Maryland. His program is widely used by Judges, Masters and Lawyers in Maryland. Mr. Grozbean has been quoted in the Washington Post, USA Today and on various television and news channels. |
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Maryland Mediation Note: Telephone Conversation / consultation does not create an attorney client privilege and is only meant to provide general information. If you intend to create an attorney client relationship and privileges you must set an office appointment. Free consultation does not apply to employment matters. * Free domestic consultation for up to 10 minutes by phone or in person for new potential clients only. To be determined by law firm. **Affiliate offices are separately owned and operated law firms. No other inference of connection is implied or represented. Law firm does not assume any responsibility or liability express or implied as to any other affiliate office. ***Credit card fees may apply. We provide legal services in Maryland (MD) mediation for families in the Maryland counties of Montgomery county, Frederick, prince George's, Howard, Anne Arundel, Rockville, silver spring, Baltimore county, Darnestown, Gaithersburg, Bethesda, Kensington, Washington county, Rockville Washington, Potomac, Darnestown, Olney, sandy springs, Derwood, king farm, Kentland, greenbelt USA litigator STUART H. GROZBEAN. HENRY E. WEIL Maryland Divorce Attorney now available. |