I know this isn’t a popular topic, but I need some guidance. My spouse and I have been separated for a while now. I have done what I had to do to get myself out of debt, and save money so that I have a cushion for investing.
I would like to begin rehabbing properties. What can I do to protect my assets from my spouse?
Maryland is not a community property state. As I understand it, Maryland does not have a legal separation, though the parties must have been voluntarily separated at least one full year before an absolute divorce will be granted.
Suggest you and your spouse sign a written separation agreement which stipulates that property acquired after the agreement is in force is separate property and not part of the marital estate.