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Premarital assets and inheritances aren't split during a divorce, so it's essential to identify these and other assets that are yours and yours alone. If you have investments, including real estate, ensure that you keep control over your assets to prevent your ex-spouse from draining them.

All property acquired by either spouse subsequent to the marriage and prior to a decree of legal separation is presumed to be marital property regardless of whether title is held individually or by the spouses in some form of coownership such as joint tenancy, tenancy in common, tenancy by the entirety or community ...

Maine is an equitable distribution state, meaning that assets and debts are divided equitably but not always equally. The court considers several factors to ensure the division is fair. Alimony is determined on a case-by-case basis and can be granted in either a lump sum, periodically, and for varying amounts of time.

Maine has an equitable distribution or common law system of marital property, which is true for the majority of states. Under this system, marital property isn't automatically assumed to be owned by both spouses and therefore should be divided equally at divorce.

The court will divide your property ?equitably,? which means fairly, based upon the specific circumstances of your family. Equitable division of marital property does not necessarily mean that property will be divided equally. Equitable division also does not necessarily depend upon which spouse paid for things.

In Maine, judges are bound by the ?equitable distribution? standard. This means that marital property is to be divided in a manner that is fair and equitable to both parties?not necessarily an equal 50/50 split, though that is sometimes the case.