marital property

Couple's shared belongings

Marital property is assets and debts acquired during a marriage, which may be subject to division upon divorce.

The term distinguishes what belongs to the couple jointly from separate property that one spouse owned before the marriage or received as a gift or inheritance.

Laws governing marital property vary significantly by jurisdiction: The court divided the marital property equally between the spouses.

Opposites
ownership classification in marriage

marital propertyseparate property

Assets owned by one spouse

personal property · sole ownership

property acquisition timing/method

marital propertyinherited property

Assets received from deceased

Family

property, marital

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