Working To Divide Assets And Debts For Our Clients

When facing an unstable financial future parties want their rights protected and need an advocate who will do just that.

Division of property is always challenging, sometimes even with a prenuptial agreement. At Solomon & Brown, P.A., we will work to identify what is marital property and what is non-marital property. Essentially, marital property includes assets acquired during the marriage. Things like gifts, inheritances and assets owned prior to the marriage would be considered non-marital property as long as they were specifically given to one spouse individually. While the distinction between marital and non-marital property may appear clear, this is unfortunately not the case and can quickly become complex.

For example, what happens to a business that one party started prior to the marriage, but in which both spouses have worked? An experienced Pikesville lawyer can carefully examine your situation and provide clear direction regarding the divorce process.

What Is An Equitable Distribution?

Year ago the courts adopted the notion of an equitable distribution rather than a 50-50 split or distribution by title. This distribution of assets and debts allows for more flexibility by the parties and the court in a divorce proceeding. There are many different options in the distribution of property, assets and debts that must be considered. We work with you to identify what is important to you and what is in your best interests.

These negotiations can be complex and the experience and insight of a knowledgeable attorney directly benefits individuals going through a divorce.

If you have further questions about the division of property or any other aspect of your impending divorce, we encourage you to schedule a consultation. Our office can be reached by phone or email. Based on the needs of our clients, we are happy to make after-hours appointments.