Identifying Marital & Separate Property
One of the most asked questions we are asked is, What is considered marital property? And What is considered separate property in Tennessee? Identifying marital and separate property is important in protecting your assets and finances.
Marital Property
Most anything you and/or your spouse accumulated during the marriage is marital. It doesn’t matter whether or not you kept it in a separate account. Or you didn’t put her name on the Deed, or his name is not on your Company 401k account. For the most part, if it was earned during the marriage (by either of you) – it is marital. And therefore, the Court can and will divide it.
Marital Property, Pre-nuptial and Post-nuptial agreements, Separate Property