Most people have heard the saying "All's fair in love and war." While those who have been through a divorce may have experienced both love and war, very few will say that they got their fair share. However, there are some states - including Maryland - that focus on equitable distribution in a divorce. This means that while the assets may not be evenly divided, they will be split fairly.
In order for equitable property division to exist, it is important to first perform an inventory of all marital assets and determine their value. This includes not only bank accounts, homes, property, cars and heirlooms, but also intangible assets, such as stocks, bonds, 401(k)s and retirement accounts. If either spouse owns a company, business assets will also need to be divided. Anything acquired before the marriage remains the property of each individual spouse and will not be split in the divorce.