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Relationship Discussion (non-explicit)
Reply to "Is a corporation considered marital property?"
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[quote=Anonymous]The founder’s shares in the corporation are going to be considered marital property if the corporation was founded after you got married. MD is an equitable division state, so the court will consider various factors in dividing the ownership interest (may consider where the capital came from, what the other spouse’s contributions have been, etc.) - there isn’t a set formula or percentage split of each asset. Assuming you’re the founder, you may be able to retain the shares in exchange for offsetting with other property of equal value. Like offering your spouse all the equity in the marital home or a larger share of your other assets. Obviously if the shares in corporation are your largest asset by far, this won’t work. I’d consult a family lawyer. [/quote]
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