marital property

marital property
marital property see property

Merriam-Webster’s Dictionary of Law. . 1996.

marital property
Property acquired by either spouse during a marriage, which is subject to equitable division if the parties divorce unless they made a marital agreement that allocated it; also called marital estate.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

marital property
Property that is considered under state law to be owned by both spouses. In community property states, all income earned and property acquired during marriage is marital (community) property. In other states, whether property is considered marital property depends on how it is titled and sometimes, other factors. Most states exclude inheritances from marital property.
Category: Divorce & Family Law → Divorce, Child Support & Custody

Nolo’s Plain-English Law Dictionary. . 2009.

marital property
n. All property acquired during marriage, regardless of how titled, that will be divided between the spouses in the event of a divorce.

Webster's New World Law Dictionary. . 2000.

Look at other dictionaries:

  • Marital Property — A U.S. state level legal distinction of a married individual s assets. Property acquired by either spouse during the course of a marriage is considered marital property. For example, an IRA in the name of an individual with a spouse that is… …   Investment dictionary

  • property — prop·er·ty n pl ties [Anglo French propreté proprieté, from Latin proprietat proprietas, from proprius own, particular] 1: something (as an interest, money, or land) that is owned or possessed see also asset, estate, interest …   Law dictionary

  • marital agreement — n. An agreement or contract between a married couple or a couple about to get married, usually stating which partner owns what marital property. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney… …   Law dictionary

  • property settlement — n. The disposition of marital property between spouses after a divorce. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. property settlement An agree …   Law dictionary

  • property law — Introduction       principles, policies, and rules by which disputes over property are to be resolved and by which property transactions may be structured. What distinguishes property law from other kinds of law is that property law deals with… …   Universalium

  • marital — /maeratal/maraytal/ Relating to, or connected with, the status of marriage; pertaining to a husband; incident to a husband @ marital agreements Contracts between parties who are either on the threshold of marriage or on the verge of separation,… …   Black's law dictionary

  • property settlement — Term as used in divorce parlance is used interchangeably in describing two different bases for division of marital property: (1) based upon agreement of the parties and approval by the court, and (2) based upon an award by the court after trial… …   Black's law dictionary

  • property — That which is peculiar or proper to any person; that which belongs exclusively to one. In the strict legal sense, an aggregate of rights which are guaranteed and protected by the government. Fulton Light, Heat & Power Co. v. State, 65 Misc.Rep.… …   Black's law dictionary

  • marital deduction — see deduction Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. marital deduction …   Law dictionary

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