What is Marital Property?
Once you have decided to divorce, one of the first things you may think about is property division. Before division of assets and debts can be determined, you first must determine what is, or is not, marital property. Some common misperceptions are (1) if a piece of property is titled in one spouse’s name, it will go to that spouse and the other spouse has no claim to that property; (2) if property was acquired…