Property Settlement Lawyer in Ellicott City, Maryland
Throughout the course of a divorce, the property you share with your spouse may come under scrutiny. In a property settlement in a divorce, the property interests must be identified, and a fair and practical disposition of the property must be accomplished. To ensure that you receive the portion of the property that you deserve, the assistance of an experienced and aggressive lawyer is required.
Family law attorney Paul S. Warshowsky is dedicated to protecting your rights and securing the property to which you are entitled. Our law firm can help you if your spouse is challenging any property agreements that you may have composed at the beginning of the marriage.
Dividing assets and debts under Maryland laws
Maryland is an equitable distribution state. This means the court distributes property acquired during the marriage to each spouse in a fair, but not necessarily equal, way. The judge determines how to divide the property. He or she may consider the length of the marriage, how the property was acquired and its value, and each spouse’s occupation and economic circumstances. “Property” includes personal possessions, real property such as your home, and income.
Property acquired before marriage or after separation is considered the separate property of the spouse who acquired it. You and your spouse can agree on how to divide your shared property and enter into a written settlement; if you cannot agree, it may be time to consult a Maryland family law attorney to represent your best interest in negotiation or litigation.
Complex property division considerations
The legal issues involved with property settlement can be very complex, at times more complicated than any other aspect of a divorce. The law office of Paul S. Warshowsky is experienced in handling complex property division concerns, including:
- Retirement assets such as 401(k)s
- Family businesses
- Hidden assets
We work with you and any financial experts, including appraisers, to ensure all financial considerations are taken into account. If you are facing great debt concerns, we can also discuss the role of bankruptcy in divorce.
Contact a Maryland property division attorney today
Call the office of Paul S. Warshowsky at 410-995-0110 or contact the firm online to schedule an initial consultation.