The Maryland Joint Statement of Parties Concerning Marital and Non-Marital Property (Joint Statement) is a legally binding document that outlines the rights and responsibilities of both spouses in a divorce or legal separation in the state of Maryland. The Joint Statement details the division of marital and non-marital property, as well as the payment of spousal and child support. The Joint Statement is an important document that helps couples in Maryland fairly divide their assets and debts. It must be signed by both parties and submitted to the court as part of the divorce or legal separation process. There are two types of Joint Statements: a Joint Statement in a Divorce or Annulment and a Joint Statement in a Legal Separation. Both versions cover the same topics, but the content may vary slightly. In a Joint Statement, both spouses must list all of their marital and non-marital assets and debts, as well as any spousal or child support payments. The document also outlines each spouse’s rights and responsibilities for each asset or debt, such as who will retain ownership, who will pay off debts, and who will be responsible for asset management. The Maryland Joint Statement of Parties Concerning Marital and Non-Marital Property is a legally binding document that helps to divorce couples in Maryland divide their assets and debts in a fair and equitable manner. The Joint Statement is an important document and must be completed and submitted to the court as part of the divorce or legal separation process.