When a couple in Maryland divorces, they will likely need to determine how to divide their assets, including retirement accounts such as a 401(k). Deciding on a mutually agreeable solution can be challenging for both parties, as it carries emotional burdens. However,...
During a divorce, estranged Maryland parents of small children will go through the process of working out child custody. In many cases, joint custody will be awarded, and parents will create a schedule that divides parenting time roughly equally. However, this is not...
When older adults in Maryland get a divorce, they face some financial challenges that are not as acute for younger couples, based mainly around the fact that they may have fewer earning years ahead to offset the financial effects of a divorce. When financial...
Shared physical custody of children of divorced couples in Maryland and the metro Washington, D.C. area has been the norm in the 21st century as most parents want to remain involved in their children's lives. Yet, is shared physical custody in their children's best...
Maryland law generally allows you to end your marriage for any reason that you can think of. However, a divorce is considered to be one of the most stressful events that a person can experience. In fact, those who have gone through a split from their spouses may...
In Maryland and other states, divorce after age 50, known as “gray divorce,” is becoming the fastest growing group of divorcees, despite the divorce rate leveling out overall in the United States. Individuals who become single after 50 can face financial difficulties...
It is natural for parents in Maryland to worry about how their divorce will affect their children. The great news is that 80% of children raised by divorced parents thrive and develop into responsible adults. You can do several things to help your children when...
Mediation can be a very powerful tool for couples seeking a divorce in Maryland. In addition to being a necessary step before the divorce can go to arbitration, it sometimes allows couples to handle their divorce without ever setting foot in a courtroom. That’s not...
As tax season rolls around, many individuals paying alimony or spousal support in Rockville, Maryland, may be interested in knowing how the alimony will impact their taxes. In the past, the person who paid could deduct spousal support payments, and the individual...
