The division of assets accumulated during a marriage needs to be addressed in every divorce. It is essential to consult with an experienced family law attorney with the complex issues surrounding divorce law.
Marital property laws differ at the state level. In St. Mary’s, the marital assets need to be divided in a fair and equitable manner after taking into account many factors, including the length of the marriage, the reasons for the divorce, and each party’s contributions to the family.
Assets that existed prior to the marriage or were acquired by gift or inheritance during the marriage need to be documented. If assets were co-mingled, a party seeking credits may need to trace out his/her non-marital contributions.
Watch Regina’s video on “A Roadmap To Navigate the Divorce Process” to learn more on marital property services in St. Mary’s.