Determining how marital property should be allocated in a divorce can trigger serious conflicts. Under Maryland’s equitable distribution system, when parties cannot agree on how to divide assets and debts, a judge determines what is fair. Whether you’re in the negotiation stage or are headed to court, Sharma Divorce Law in Silver Spring can explain how the law might apply in your situation and advocate for a proper resolution. Unlike some other jurisdictions where property accumulated during a marriage is split evenly, Maryland and Washington, D.C. courts can make whatever type of decision they believe is equitable, so it’s important to retain an experienced attorney who can protect your interests.
Without proper guidance, disagreements over property division can quickly get out of control during a divorce or separation. I, attorney Tina Sharma, keep parties focused on the issues that actually matter and the information that is crucial in equitable distribution proceedings, including:
As in alimony proceedings, many factors can go into an equitable distribution determination if the decision goes before a court. Judges are able to look at anything that they think might affect the fairness of the eventual outcome, such as each spouse’s financial condition, earning ability and what they contributed to the marriage.
High-net-worth couples present special challenges when assets must be divided. As a matrimonial litigator with 25 years of experience, I know how to handle situations involving retirement accounts, equity investments and the valuation of businesses. Whatever your priorities are, it’s best to act early in order to protect yourself. My firm will conduct an exhaustive review of tangible assets and items whose worth might require informed speculation or expert analysis.
Sharma Divorce Law in Silver Spring advises clients in Maryland and Washington, D.C. about equitable distribution matters and other aspects of the divorce process. For a consultation regarding your case, please call 202-329-6556 or contact me online.