One of the biggest points of contention in a divorce is deciding what to with assets and understanding what is marital and nonmarital property. It is generally conceded that while you are married, anything acquired in the name of the married couple, regardless of who physically pays for it, is …
When getting divorced, there is a huge difference between marital and nonmarital property. Legal bonds of marriage extend to property and debt. When two people are legally married, income and debt are shared. This usually is not an issue until the couple decides to divorce. Property division in divorce involves …
What’s the Difference Between Marital and NonMarital Property? Read More »
