high net worth divorce attorney Olney

For a household in Olney, the contested question in a divorce is usually which property is marital and what it is worth. Md. Code Family Law § 8-205 requires the court to answer both before it grants any monetary award. Law Offices Of SRIS, P.C. handles complex asset division in Maryland divorces. Call (888) 437-7747.

On This Page

What a High Net Worth Divorce Involves in Olney

Deferred compensation and equity awards are commonly the assets neither party lists first. Whether an award is marital depends on the period of service it rewarded, which comes from the grant documents rather than from either spouse’s assumption. Awards issued in the same year can require different treatment, which is why the plan documents matter more than the account summary.

Which Court Hears Your Case

Divorce, alimony and marital property claims are heard in the circuit court. A case from Olney proceeds in the Circuit Court for Montgomery County. The District Court of Maryland does not hear these matters, and neither does the federal district court. Md. Code Family Law § 7-103 supplies the grounds, and since 1 October 2023 those are mutual consent, six-month separation, and irreconcilable differences, with a separate provision for permanent legal incapacity.

Assets That Drive These Cases

Property owned before the marriage is nonmarital in origin, but that character can change where marital income paid down a mortgage, funded improvements, or where title was altered. Maryland resolves those mixed cases on evidence, and the party asserting that property is nonmarital carries the burden of tracing it. Tracing is documentary, and records that seemed unremarkable when created become decisive years later.

Frequently Asked Questions

Does Maryland still recognise limited divorce?

No. Limited divorce was eliminated in the revision effective 1 October 2023. Material describing it as an option no longer states current Maryland law.

Who proves that property is nonmarital?

The party asserting it. The proof is documentary — account statements, closing documents and the trail showing where funds went. Where those records no longer exist the claim usually cannot be established.

Can the court award the house to one spouse?

Md. Code Family Law § 8-205 permits transfer of ownership of certain property, including a jointly owned home, retirement assets, and family use personal property, in addition to a monetary award.

Mr. Sris and the Firm’s Of Counsel Attorneys

Mr. Sris, Owner and Founder of Law Offices Of SRIS, P.C., has practiced since 1997 and is admitted in Maryland among five jurisdictions. He is a former prosecutor. Maryland matters are handled by Mr. Sris and the firm’s Of Counsel attorneys.

Request a Consultation

Call Law Offices Of SRIS, P.C. at (888) 437-7747 to request a consultation. The intake line is staffed 24/7.

Last updated: August 25, 2026

This page provides general information about Maryland family law and is not legal advice. Reading it does not create an attorney-client relationship. Every case turns on its own facts. Results may vary.

Law Offices Of SRIS, P.C., principal office: 4008 Williamsburg Court, Fairfax, VA 22032. By appointment. Call (888) 437-7747 to schedule.

Attorney advertising. Prior results do not guarantee a similar outcome.