Discover What Is Considered to Be Marital Property in a Divorce

Life takes unexpected directions. As a result, many people find themselves in a relationship and eventually married. Several years—and kids—later, things can fall apart. Perhaps this has happened to you.

Many people feel ashamed that they are going through a divorce. It should be pointed out that if you are going through a divorce, you are not alone. It is actually pretty common for a married couple to part ways.

We often hear horror stories of couples who have went through a divorce. They explain the process as horrible, frustrating, and angering. They wind up hating their ex- more than they ever did before. This does not have to be the case. Using an experienced family law attorney may get you through the process with a clean break.

As we have pointed out before, there are laws in Virginia to help divide the couple’s property. This often helps the split end on a better note. The law specifies what marital property will have to be divided between the spouses during a divorce, in contrast to personal property which may be kept by each spouse.

Marital property includes:

  • Property with both partners on the title. Marital property is any property that is titled in the names of both parties. This includes joint tenants, tenants by the entirety, or otherwise.
  • Partially owned property. Any part of any property that is classified as marital.
  • Property acquired during marriage. Any property that was acquired by each party during the marriage which is not separate property is marital property.
     

Are you going through a divorce? If so, we can help you through the process. You can rely on us to get you what you deserve in the divorce settlement.

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