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With a few important exceptions, all the property acquired during a marriage is considered marital property. Marital property normally includes such things as houses, cars, furniture, appliances, stocks, bonds, jewelry, bank accounts, pensions, retirement plans, and IRA's.
In a Maryland divorce, judges don't always divide marital property right down the middle using a 50/50 split. Because Maryland is an equitable distribution state, the divorce court will divide property fairly between the spouses, but not always equally.
The duration of payments is determined by a judge in Maryland family court. Alimony length is usually based on length of marriage - one commonly used standard for alimony duration is that 1 year of alimony is paid every three years of marriage (however, this is not always the case in every state or with every judge).
Issue #2: Property Division More commonly, people use the term 50/50 to refer to how money and property is divided in the divorce settlement. Maryland is an equitable distribution state, as opposed to a community property state.
Maryland is not a Community Property state.For divorcing couples in Community Property states, any property that either spouse owned prior to their marriage or property acquired after the separation would not be considered marital. Additionally, all Community Property is split evenly, 50/50, between the spouses.
With a few important exceptions, all the property acquired during a marriage is considered marital property. Marital property normally includes such things as houses, cars, furniture, appliances, stocks, bonds, jewelry, bank accounts, pensions, retirement plans, and IRA's.
The short answer is that, no, Maryland does not recognize common law marriage, in the sense that you cannot create a common law marriage while living in Maryland. That said, if you have a valid common law marriage from a state that does recognize such marriages, it will be recognized in Maryland as well.