Laws related to divorce change more often than many people realize. Sometimes, it’s to keep up with changing attitudes, such as recognizing that women shouldn’t be presumed to have a greater parenting role after divorce or that permanent alimony shouldn’t be ordered...
Divorce
Property division in divorce if a spouse refuses to sell the house
When you have decided to part ways with your spouse, you must work out an agreement regarding numerous settlement issues. For example, if you have children, you must craft an agreement regarding child custody issues. In a high-asset divorce, challenges may arise...
How a forensic accountant can help during a high-asset divorce
Divorce is a complicated endeavor, especially when a significant amount of assets are involved. Maryland courts want to ensure a fair and equitable division of assets; however, this becomes complicated when one party isn't forthcoming regarding their financial status....
Why are older couples divorcing more often?
When you look at divorce trends in the United States, it’s interesting to note that older couples have a rising divorce rate. This means that there are more divorces for those who are 50 and older – often termed “gray divorce.” This is affecting the Baby Boomer...
Setting a home’s value during divorce can be a challenge
For high-asset couples in Maryland, there are multiple challenges during property division proceedings. First, they need to identify their marital resources. Then, they need to estimate their value. Finally, they need to negotiate a reasonable way to divide those...
Is silver divorce on the rise in Maryland?
On your wedding day, whether that was less than five years ago or several decades more, you no doubt expected your marriage to last a lifetime. Statistics prove otherwise for many couples, however. In fact, the divorce rate for spouses who are ages 55 and older, who...
5 things to consider before changing your name after divorce
When you took your husband’s last name after marriage, it was a gesture of love, affection and commitment to your spouse. Now that you're no longer together, you may want to free yourself from sharing his name. However, choosing to revert back to your previous surname...
A healthier alternative to conventional divorce in Maryland
Collaborative divorce is a healthier alternative to litigation because it allows you and your spouse to negotiate the terms of your divorce rather than fight over them in court. It is a four-way meeting between the spouses and their respective lawyers but can also...
Voluntary vs. court-ordered: exploring mediation in divorce
In the past decades, divorce has become flexible and now has options for parties to privately take divorce matters into their own hands. With more divorcing parties willing to compromise and its potential reduction in duration and costs, mediation has become one of...
Navigating a high-net-worth divorce in Maryland
Any divorce can come with complications, but those involving more assets may have more to contend with. A high-net-worth divorce is typically defined as the dissolution of a marriage where at least $1,000,000 in assets are in play. However, these days, many...