When couples in Maryland decide that it’s time to split, they will soon have to decide how they want to split the things they’ve accumulated, too. Steven J. Gaba is here to help if you find yourself struggling with property division.
Unfortunately, there is no “easy” way to handle property division. Unless you and your ex-partner agree on every single asset you jointly owned, there are bound to be some conflict and difficulties along the way.
Fortunately, there are ways to make it less difficult. One is finding out which method of tackling property division works best for you. For some couples, there’s so much arguing that it’s best to just take it to court. However, that can be a long and costly process.
If you can manage to work things out without a judge, then mediation might be a good option for you. This allows a non-biased third party to professionally sit in on the division process and help you and your ex-partner work through it together. It’s their job to help maintain fairness for all parties involved.
You should also be aware of the fact that in Maryland, there isn’t any guarantee that you’ll be getting an even 50/50 split for your assets. Instead, it’s divided by what’s equitable and fair. This makes having unbiased party involvement even more crucial.
Divorce is already a difficult process without having to add concerns about property division to the mix. If you’re having difficulties with your assets during your divorce, please consider taking a look at our web page, linked here. We discuss many fundamentals of property division and what you can do to make these areas of your divorce go as smoothly as possible.