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...
Divorce
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...
What documents are needed to purchase a home during a divorce?
The issue of where to live after marriage can bewilder soon-to-be divorcees in Maryland. Often, finding a new place to live involves acquiring property, yet making a large purchase before the divorce is finalized can seem like a bad idea with regard to property...
What is the difference between an annulment and divorce?
When a couple decides to end their marriage, both parties will undoubtedly have many questions. In certain cases, they may wonder if an annulment could be an option in their case. Here is some information on the difference between an annulment and a divorce that can...
Hidden assets complicate property division in divorce
If you’re a Maryland parent who has determined that you want to move on in life with your children but not your spouse, you have some decisions to make. You, of course, have your children’s best interests in mind and want your decisions to cause the least amount of...