The end of a marriage often brings financial hardship, which can be especially challenging if you are near retirement age. CNBC reports that divorced men have a median household income of $38,000 during retirement, while their married counterparts have $67,404...
Divorce
Can you contest the way the court wants to divide your assets?
Divorce is undoubtedly a complex and emotionally taxing process, and the division of assets is often one of the most contentious aspects. In Maryland, the law requires an equitable distribution of marital assets. This means that the court divides the assets fairly but...
Using an ex-spouse’s work history to obtain Social Security
Many older adults living in Maryland and across the nation have concerns about having enough saved for retirement, and if you recently went through a divorce, you may feel especially worried about this stage of life. It is common for your retirement savings to take a...
4 ways to prepare your kids for college after a divorce
Divorce can pose many new challenges for the entire family, especially when it coincides with a significant life transition like college preparation. As a parent, it is essential to provide support and guidance to help your kids navigate this new chapter successfully....
What are the types of alimony in Maryland?
The CDC reported that in 2022, the divorce rate in Maryland was 2.4 divorces for every 1,000 residents. Many of those divorces involved alimony. Alimony often comes into play in divorce proceedings to minimize any unfair financial effects one party might face. If you...
Three tips to help adolescent children when parents divorce.
Going through puberty is one of the most awkward and uncomfortable experiences we navigate as we enter adulthood. Adolescent children are managing surges in hormones, changing social circles, and the growth of their bodies. Add in parents who just announced they are...
Funding your children’s extracurricular activities post-divorce
Divorce changes many aspects of family life, including the way parents handle financial responsibilities for their children. One of these responsibilities is paying for extracurricular activities. These activities, whether sports, music lessons or academic clubs, are...
Necessity of a forensic accountant in Georgia divorce proceedings
Divorce can be a complex and emotionally charged process. One of the most contentious aspects often involves the division of marital assets. In Georgia, equitable distribution laws guide this process. Still, arriving at a fair division can become challenging when...
Can you still use social media during your divorce?
Social media has likely become a normal part of your daily life. On a daily basis, you likely use these sites to check up on friends and family, receive news and information and simply entertain yourself. According to the Pew Research Center, social media use is...
Ways to help children cope with divorce
When you and your Maryland spouse split up and share children together, figuring out how to minimize any effects on your children may be one of your most important priorities. The more you and your former partner learn to put your child’s needs before your own, the...