Without a doubt, divorce can change your financial life. This is why you need to protect what you’ve worked hard to earn and build. During this challenging time, understanding how you can protect your assets becomes essential. Additionally, many people entering...
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Divorce
When are prenuptial agreements enforceable in Maryland?
Prenuptial agreements are generally enforceable in the state of Maryland if you follow specific rules and avoid some legal pitfalls. Knowing the key requirements and legal limitations of these contracts can help you decide if a prenup is the right choice. It also...
Protecting your business during a divorce in Maryland
Divorce is stressful. It’s even harder when a business is part of the things that need to be divided up. A company is often more than income–it may represent years of hard work, late nights, and sacrifice. In Maryland, it’s up to the courts to decide how to handle a...
What role does money have in a divorce?
For couples in the middle of a divorce, money is likely to be one of the biggest points of contention between them. Each may have their own ideas about what share of assets they should get, and how much spousal support or child support should be paid, where...
What are marital assets, and who gets the house in a divorce?
People preparing for divorce need to know about the process. They have to understand what the law requires if they hope to negotiate with their spouses. Typically, spouses have to work out an equitable way to divide their marital estate. Equitable distribution laws...
Why does an empty nest lead to divorce?
Life really changes for parents when they become empty nesters. They go back to living on their own, and their children move off to attend college, start careers, get married and much more. In some cases, this leads to a divorce. The couple may have been married for...
Why property division shouldn’t include children’s belongings
When there’s an impending divorce, it’s not unusual for spouses to look around their home and make a mental (or written) inventory of the things they want to keep. This can include furniture, artwork, exercise equipment, high-end kitchen gadgets, vacation souvenirs...
Are stock options considered marital property in Maryland?
For divorcing couples in Maryland, stock options often raise complicated questions. Are they considered marital property? In many cases, the answer is yes. But it depends on the timing and conditions of the grant. To understand how courts handle stock options, it...
Is it wise for older divorcing spouses to fight to keep the home?
Everyone’s priorities change to some extent as they move through their lives. That means the priorities of a couple who divorces in their 50s or older are likely very different than those of younger divorcing couples. One of those priorities usually revolves around...
What to consider when deciding how to divide the marital home
One of the biggest issues that you may face when you’re going through a divorce is the property division process. Oftentimes, the house is the largest asset that you’ll have to deal with. There are three primary options for the home: Sell the home One party buys out...
