The property division process is usually among the most contentious aspects of divorce proceedings. Spouses may attempt to conceal assets for financial gain or to avoid obligations. This can take many forms, from offshore accounts and undisclosed income to undervalued...
Will a Maryland divorce trigger retirement account penalties?
Maryland divorce proceedings usually require property division discussions. The spouses either need to reach their own agreements about splitting up the marital property or presentation so that a judge can divide their property. Assets that represent a larger total...
How separate property can become part of one’s marital estate
Property division is one of the most complicated aspects of virtually any Maryland divorce. Couples often disagree about what assets they need to divide, how much those assets are worth and what an appropriate division of those resources would look like. Typically,...
Keeping your company after a divorce
In Maryland, marital assets must be divided equitably in a divorce settlement. This means that you may lose some or all of your business in a settlement if you don't protect your company. Fortunately, there are several easy steps that you can take to do so. Put your...
Getting your spouse off of a mortgage
Your divorce settlement may allow you to keep the Maryland home that you shared with your spouse. However, you may be required to take your spouse off of the mortgage. There are a couple of methods that can be used to accomplish this goal. A mortgage may be eligible...
What should you do when selling a house after your divorce?
For many couples, their Maryland home represents their greatest financial investment. Couples may decide to sell the home after a divorce due to a court order or to meet financial obligations. These tips can help you remain focused on the right choices during the...
Splitting property after a common law marriage ends
Are you at the end of a common-law relationship in Maryland? This is usually defined as a relationship that you may have been in with a partner for a certain length of time. However, you have not chosen to make the relationship official by getting married. You may...
Property division in divorce
One of the most challenging aspects of divorce in Maryland is valuing and then dividing the communal property. Making an equitable division can take time, and it also costs money to find out what assets the couple has, determine which of them are marital and decide...
How affluent couples deal with valuable collections in divorce
Affluent couples accumulate assets that a typical married pair often only fantasize about. Then when they separate and head toward divorce, these collections ranging from jewelry and fine art to wine and Persian rugs receive attention when it is time to divide assets....
How to deal with your home in a divorce
Divorcing Maryland couples will need to address the question of how to deal with the family home. This is often one of the most difficult questions because both parties may have an attachment to where they were living. This is a decision that must carefully be thought...
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