Dividing property can be one of the most stressful parts of divorce. In Maryland, the court tries to split property equitably, considering each spouse’s contributions to the marriage, financial situation and earning potential. However, this process can be particularly...
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If some assets are primarily for the kids, can we share them?
Divorce is complicated, challenging and emotionally draining. It can also be financially draining, particularly when it comes to dividing assets. Maryland law divides marital property in a way that is fair (equitable distribution), but this can make the property...
Does asking for a prenup mean I do not trust my partner?
Marriage is a legally binding contract. It is one of the biggest decisions you will make. When you marry someone, you are committing to share your life with them, support them and be legally responsible for them. Your assets, debts and income will become jointly...
Do you have to sell your business when you get a divorce?
As you confront the reality of divorce, it is not just the assets you share with your spouse that come under scrutiny but also the concrete manifestation of your life's work: your business. You have built your enterprise from the ground up, investing your time, money,...
What do couples do with their marital home during divorce?
Buying a home together is a common marital investment. It is also a common source of conflict when couples decide to divorce. The home people own together is a source of precious memories and may also represent a sizable portion of someone's personal wealth....
Is it possible to modify division of property post-divorce?
In Maryland, property division agreements can be used to distribute marital assets and debts in a fair and equitable manner. The law takes into account the contributions and earning capacities of both spouses. These agreements can either be a part of the divorce...
3 common mistakes to avoid in a high-asset divorce
Everyone makes mistakes. Unfortunately, even a minor oversight in a high-asset divorce can quickly escalate into financial ruin. A high net worth divorce entails a significant marital estate valued at $1 million or more, often including businesses, investments, rare...