Marital Property
Assets and income acquired by either spouse during the marriage, subject to division in divorce.
Example
The 401(k) contributions made during marriage were considered marital property.
Canadian Equivalent
In Canada, this is referred to as Family Property (AB, BC) / Net Family Property (ON) / Family Patrimony (QC).
Jurisdiction Variations
CALIFORNIA
Community Property
California calls marital property 'community property'
WISCONSIN
Marital Property
Wisconsin's Marital Property Act term
NEW-YORK
Marital Property
New York uses the standard term under Domestic Relations Law
Related Terms
separate-propertyequitable-distributioncommunity-property