Equitable Distribution Vs. Community Property
WHAT YOU NEED TO KNOW - BE SMART AND UNDERSTAND THE LAWWhat 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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