When married couples have larger estates, multiple properties, or complications in agreeing on division of property, having the assistance of our property division lawyers on your side is important. With experience and expertise in handling property division through divorce in Annapolis MD and Glen Burnie MD, we will work to ensure a fair division of assets and debts during the divorce negotiations or litigation.
In virtually all cases, it is important to consider working with our property division lawyers before agreeing to any plans, especially in a mediation where the agreement, if reached, is considered binding. In many cases, people are not aware of the long and short-term tax implications or other issues in accepting a plan that is really not in their best interests.
Equitable is not 50/50
One of the most important tasks of your property division lawyers in Annapolis, MD and Glen Burnie, MD will be to ensure that you accept a fair settlement. It’s essential to understand that this does not mean that you will have to settle for a 50/50 split in assets, or that you are entitled to 50% of everything that has been accumulated during the marriage.
Our property division lawyers will also talk to you about selling property as part of the divorce, or retaining the property if you are considering splitting a percentage of ownership. In these cases, one spouse in Annapolis MD or Glen Burnie MD may actually buy out the other spouse, possibly negotiating with other assets or accepting debts to equal the value.