In an “equitable distribution state” state, like Maryland, all property acquired during the marriage is “marital property” and all property is divided into marital property (which means it is both yours and your spouse’s) and non-marital property (which means the property belongs to either you or your spouse alone). In general the following rules apply which categorize property into “marital” or “non-marital" property:1. If the asset or debt was acquired after the date you were married it is presumed to be a marital asset or debt.2. A non-marital asset or debt is one that was acquired before the date of your marriage. It is also a non-marital asset if you acquired it through a gift or inheritance. Income from non-marital property is also considered non-marital property.3. Even if an asset or debt was acquired by your spouse individually, it is considered to be a marital asset or debt, if acquired during the marriage. This includes rights in pension and profit-sharing plans.4. Real estate that is in both names is considered marital property.