Marital Property

Marital property is property acquired after the parties are married.  Property acquired before the marriage is considered the individual and separate property of the acquiring spouse and the court will have no authority to distribute individual property when the marriage is dissolved. 

However, if the property was inherited or given as a gift to one spouse from a third party, after the marriage, it is still considered separate property.  Conversely, if property was acquired before the marriage by one spouse but has risen in value due to the efforts and/or labor of the other or both spouses, the appreciated value is considered marital property.