Property Distribution

Property Distribution is the allocation of assets between parties.     
Representation can help assess the complex valuation of real estate, bank accounts, investment/retirement accounts, and tangible assets.
 

Maryland and DC are both equitable property states.  That means that the judge will divide property according to the factors in each specific case.  Property is not necessarily divided in half but can be in certain circumstances.
 
Factors for consideration: 
 

• The contributions, monetary and nonmonetary, of each party to the well-being of the family;

• The value of all property interests of each party;

• The economic circumstances of each party at the time the award is to be made;

• The circumstances that contributed to the estrangement of the parties;

• The duration of the marriage;

• The age of each party;

• The physical and mental condition of each party;

• How and when specific marital property or interest in property described in

  (a)(2) of this section, was acquired, including the effort expended by each party in accumulating the marital property or the interest in property described in subsection subsection (a)(2) of this section, or both;

• The contribution by either party of property described in § 8-201(e)(3) of this subtitle to the acquisition of real property held by the parties as tenants by the entirety;

• Any award of alimony and any award or other provision that the court has made with respect to family use personal property or the family home; and

• Any other factor that the court considers necessary or appropriate to consider in order to arrive at a fair and equitable monetary award or transfer of an interest in property described in subsection (a)(2) of this section, or both.

 
There is no set formula that all judges use to divide property.  Each factor is important and it is necessary for you to consult with a lawyer before agreeing to any property distribution.