Circumstances can change drastically after some time in a marriage. A couple may sign a prenuptial agreement, not expecting significant growth in wealth or a change in who becomes the breadwinner. At the time of divorce, a mate may question the validity or fairness of...
Let The Law Work For You
Property Division
Your divorce, property division and the retirement accounts
If you and your spouse are facing divorce following a long marriage, you likely have significant assets. When it comes to property division, the goal is to divide your assets as equitably as possible, and your retirement accounts require special attention. Retirement...
How cryptocurrency affects property division
Cryptocurrency in divorce will become more and more of an issue as time goes on. According to the Maryland General Assembly, property division falls under equitable distribution. Cryptocurrency is not an exception to marital property. This means a judge must rule on...
Here’s what a prenuptial agreement can (and cannot) do for you
A prenuptial agreement is a good way for people who are getting married to make sure their property is protected in case of a possible future divorce. You and your future spouse can use a prenup to handle many aspects of divorce ahead of time, but it cannot do...
3 strategic elements of dividing real estate during a divorce
Real estate represents a unique class of assets — mostly because each parcel of real estate is unique. Even in a condo building with multiple identical floorplans, each unit could be on a different floor, have different updates, have different exposures and so on. You...
4 tips to help you prepare financially for property division
Divorce is not easy for anyone and most couples dread the property division phase. The more assets there are, the more complex this process will be. Here are four tips to help you prepare financially and face property division with greater confidence. 1. Gather...
Get your fair share in the divorce
Ending a marriage causes a great deal of emotional distress, but divorce involves practical considerations, too. Property division may become one of the most complex and contentious aspects of your split. You have a right to your fair share of the marital assets....
Retirement accounts are divided based on the type of account
Many couples in Maryland save for retirement as they go through a marriage. Sometimes one spouse may save more than the other, but the savings either couple puts into retirement accounts can be enjoyed by either spouse after retirement. However, not every couple makes...
Fighting for your fair share in the property division process
Most divorce cases in Maryland will involve substantially similar issues, such as child custody, child support, alimony and property division. The facts of any given case, however, will vary widely since no two couples have the same family or financial situation. For...
What do you need to know about property division in a divorce?
For many Maryland residents going through a divorce, particularly those who do not have minor children, the issue of property division is the most important topic to address in the case. We all work hard for what we own and attempting to divide up assets can be a...
