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marital property in maryland


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I have one personal saving and one personal checking account before marriage and one joint saving account after marriage. My paycheck goes to my checking account and my wife’s pay check goes to her checking account. Does my personal check and saving account is considered at marital property in state of Maryland? During divorce can my wife claim on that amount in my personal account. I reside in Maryland and I do not have kids and been married for 2 years.

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I have one personal saving and one personal checking account before marriage and one joint saving account after marriage.

 

Confusing statement.

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I don't know for sure, but I believe it would be marital property. Normally all earnings during the marriage are considered to be marital property. If you had money in an individual account when you got married and never co-mingled it then it might be considered separate property. At least that is how it would work in my state and both are states are equitable distribution states.

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I would suggest consulting an attorney if you are thinking about separating. I live in Maryland and have recently separated from my husband. I would also be inclined to think that any assets acquired during the marriage would be marital property. You will also have to know what your marital debt is. Many attorney's offer a free consultation. Best of luck to you.

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