The Hague Convention is a set of treaties or agreements that a number of countries, including the United States, signed and use to deal with legal issues across international borders. One aspect of the Hague Convention is about child abduction. When parents from...
High – Asset Divorce
Common ways a financial advisor can assist with a high-asset divorce
The divorce process is often strenuous and complex, sometimes especially when high assets are involved. A financial advisor can play a crucial role in navigating the intricacies of a high-asset divorce, providing valuable assistance to both parties. For example,...
High-asset couples often need a QDRO when dividing property
Those who have higher household incomes and more assets have more to negotiate and divide when they divorce. Retirement accounts are often a point of contention in high-asset Maryland divorces. Spouses worry about diminishing their retirement savings by splitting...
How to protect oneself in a remarriage
Remarriage is often a double-edged sword. Finding a partner with whom to share one’s life is understandably exciting and romantic, but at the same time, those who have previously been through divorce are rightfully skeptical about the possible pitfalls should the...
Factors impacting the length of a divorce
When a couple decides to part ways, two of the most common questions they have are “How much will this cost?” and “How long will it take?” The answers to questions like these can differ a great deal depending on the person and circumstance, as a multitude of variables...
The Gates divorce brings attention to gray divorce
Bill and Melinda Gates have decided to end their marriage. Their divorce has made headlines, primarily because of their massive wealth. However, it is also big news because it is bringing attention to gray divorce, which has been on the rise in Maryland and across the...
Who gets the vacation home in divorce, you or your spouse?
The property division aspect of marital dissolution can be a challenging thing to work out. Not all couples in Maryland can come to terms with which they both agree are fair or reasonable. This is particularly true when dealing with multiple pieces of real estate. Who...
Postnuptial agreement may be the best thing for a marriage
When people in Maryland get married, they generally do so with a sense of optimism that it will last for the rest of their lives. Unfortunately, that is not always what happens, and many marriages wind up in divorce proceedings. There is one measure that couples could...
Misconceptions about prenups could affect a high-asset divorce
People in Maryland don’t generally like thinking about the possibility of divorce at the start of their marriage. The reality is that many marriages don’t last and if both spouses aren’t prepared for that, it can have a negative effect on their futures. This could be...
A financial advisor may be important in a high asset divorce
People generally understand that getting a divorce will probably impact their finances. What they may not realize is just how big that impact can be and exactly what to do about it. There is a fairly straightforward answer, however, that may make all the difference,...