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Which divorce resources are available to protect your assets?

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Most legal problems faced by Maryland residents are complex. Everything from buying a home to building a fence on a property line can involve sophisticated legal terms, and can, in the worst of situations, result in litigation. However, of all of the legal problems a person can have, most would probably agree that a divorce is one of the most complicated.

A divorce has the potential to bring up so many different issues which need to be resolved that other legal actions can seem small in comparison. Property division is likely to be a major point of contention between the parties, as determining which assets are marital property and which are non-marital property is sometimes quite difficult. Maryland follows the rule of equitable division, which can be a tricky concept. When a court is applying the equitable division rule, it is seeking not to strictly divide assets 50/50, but to make sure the division of property is fair. This is not an easy result to reach.

For all of the difficulties a divorce can bring, it is interesting to note that there are some people who have dedicated their time to helping those going through divorce-related issues come to decisions and resolutions. A recent report told the story of one woman, who went through a divorce after 23 years of marriage, who decided to set up a business which can help steer women who are unknowledgeable about the divorce process to the right resources. This woman seemed to realize that many are caught off-guard by a divorce petition, and all of the emotional and financial turmoil that can accompany the divorce process.

For those who find themselves facing a divorce with complex issues to resolve, it can be good to know that there are many resources available to help answer their questions. When it comes to getting an equitable division of marital assets, sometimes getting the right information upfront can make all the difference.

Source: phillyBurbs.com, "Easing the pain of divorce," Chris Bishop, Oct. 28, 2012

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