As a dedicated Buffalo Divorce Attorney, Divorce clients often ask, “What’s the difference between marital property and separate property?”
- Marital property is any property acquired by either party during the marriage, such as a home or automobiles.
- Property either of you owned prior to the marriage is not marital property, so if you owned a home or other property before you married – although there may be a claim to some of that separate property – it is not specifically marital property.
Are you going through the division of assets phase of your divorce? Contact dedicated Buffalo Divorce Attorney Michael Ranzenhofer for navigation.