Divorce can become even more complicated when you have significant or complex assets to consider. Taking steps to separate your property before filing for divorce may help protect your financial interests and simplify the process. Understanding Maryland’s property...
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Property Division
What to know about dividing luxury items during divorce
High-asset divorces often involve the division of valuable items like yachts, fine art, and jewelry. In Maryland, the equitable distribution process seeks fairness, but that doesn’t always mean a 50/50 split. Understanding how courts handle these luxury assets is...
How can prenups address retirement and pension plans?
Prenuptial agreements are valuable tools for addressing financial issues in a marriage, including retirement and pension plans. These agreements help spouses protect their assets and clarify their intentions if divorce becomes a reality. Protecting retirement...
Complex asset division in high-value divorce cases
Dividing complex assets during a high-value divorce can be tough. The state follows an equitable distribution model, which means the court divides marital property fairly, but not always equally. Valuing these assets adds extra challenges to the process. Dividing...
Potential challenges to a prenuptial agreement
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...
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...
