Typically, joint assets are divided in an equitable fashion when a Maryland couple ends their marriage. Therefore, if you have an investment portfolio, you should expect to cede a portion of your holdings to your estranged spouse. This may be the case even if their...
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Divorce
The implications of a gray divorce
The term “gray divorce” generally refers to couples who are divorcing later in life after the age of 50 and they are on the rise. Couples divorcing later in life can have different concerns on their minds than for couples going through the divorce process earlier in...
Insurance policy changes after divorce
Getting divorced is often a confusing time, when strong feelings cloud the pragmatic financial issues that both sides must resolve. When there are children involved, custodial arrangements and child support can make it even more emotionally fraught. Beyond the home,...
Getting a divorce in Maryland
Dealing with the pain and finality of divorce is one of the most difficult challenges that many couples end up facing, especially where there are children involved. The financial implications of a final divorce settlement make getting it right crucial. And custody...
When can I challenge a prenup?
Before you walked down the aisle, you and your spouse may have executed a prenuptial agreement on the off chance that your marriage does not last. And, while no one in Maryland or the D.C. metro area can predict whether a divorce will happen in the future, you may...
Divorces skyrocketing during traditional holiday lull
It may seem weird to call anything that has to do with divorce, traditional. But, the holiday season has traditionally been a time of low divorces as most elect to wait until after the holidays. This means that, traditionally, from the Jewish New Year in September,...
Ways to prepare for a gray divorce
Getting a divorce isn’t always an easy choice to make — especially if you’ve been married for many years. At the end of the day, the option is yours. And if you believe that staying married isn’t a healthy choice for you, then it’s never too late or you’re never too...
Not all divorces have to be traumatic
When most people think about divorce, we think of a traumatic event that follows after another traumatic event, like a domestic violence incident or a spouse caught cheating. But, this is not necessarily a common occurrence, despite what reality television may show...
What will happen to the family home in a divorce?
The family home may be one of the most valuable assets a married couple in Maryland owns, making it a major sticking point for couples who decide to divorce and are now facing the property division process. The following is a brief overview of some options to consider...
Grey divorces can create financial challenges
When you married your spouse, you two likely had dreams of growing old together. Yet, as you find yourselves past 50, heading toward your golden years, your union may be on the rocks. After your children left home, you might have grown apart. Or, infidelity or...