Marital property definition

Marital property means all real and personal property acquired by either spouse or both spouses during the course of the marriage and before the date of the separation of the parties, and presently owned, except property determined to be separate property or divisible property in accordance with subdivision (2) or (4) of this subsection. Marital property includes all vested and nonvested pension, retirement, and other deferred compensation rights, and vested and nonvested military pensions eligible under the federal Uniformed Services Former Spouses' Protection Act. It is presumed that all property acquired after the date of marriage and before the date of separation is marital property except property which is separate property under subdivision (2) of this subsection. It is presumed that all real property creating a tenancy by the entirety acquired after the date of marriage and before the date of separation is marital property. Either presumption may be rebutted by the greater weight of the evidence.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Marital property means all real and personal property, both tangible and intangible, acquired by either or both spouses during the course of the marriage up to the date of the final divorce hearing and owned by either or both spouses as of the date of filing of a complaint for divorce, except in the case of fraudulent conveyance in anticipation of filing, and including any property to which a right was acquired up to the date of the final divorce hearing, and valued as of a date as near as reasonably possible to the final divorce hearing date.

Marital property means, subject to division (A)(3)(b) of this section, all of the following:

Examples of Marital property in a sentence

Marital property as defined in R.C. 3105.171 is property owned by either or both spouses and property in which either spouse has an interest in the property.
Marital property includes all assets acquired during the marriage (including any separation) regardless of how it is titled or who paid for it.
Marital property as defined in R.C. 3105.171 is the property owned by either or both spouses and property in which either spouse has an interest in the property.
SECOND: PROPERTY Marital property as defined in R.C. 3105.171 is property owned by either or both spouses and property in which either spouse has an interest in the property.
Marital property includes: Earnings by each spouse during the marriage Property bought using either spouse’s earnings during marriage Separate property that has commingled with other marital property (e.g., an individual bank account in which both spouses deposit funds) Business Ownership If one spouse began a business prior to getting married, the other spouse may be entitled to 50% of any increased value in the business that occurred during the marriage.

More Definitions of Marital property

Marital property means all real and personal property acquired by

Marital property means the property, however titled, acquired by 1 or both parties during the marriage.

Marital property means property acquired jointly or separately by parties to a marriage during the course of the marriage;

Marital property means property, real or personal, . . . acquired by the parties . . . to a dissolution . . . at any time during the existence of the marriage relation between them

Marital property means, subject to division (A)(3)(b) of this