Maryland couples normally get divorced when there are problems within the marriage such as irreconcilable differences. However, a study determined that some marriages end in divorce if the wife is seriously ill. What is the study, and what does it reveal? The study,...
Divorce
Community property verses equitable distribution in Maryland
When going through a divorce in Maryland, your marital property must be divided according to state laws. There are two methods the courts use to divide assets: equitable distribution or community property. Let’s look at their differences and the one that applies in...
The difference between divorce and legal annulment
Divorce and annulment are the two options you have available to you if you want to end your marriage or domestic partnership. However, you'll need various types of evidence for each of these processes. One of the main differences is that divorce ends a legal marriage...
The purpose of a QDRO
Many couples might not hear the abbreviation QDRO until they’re in a divorce court. QDRO – Qualified Domestic Relations Order – refers to how a judge will split different types of retirement plans in a divorce. QDROs allow the court to split retirement accounts such...
What is the difference between a prenup and a postnup?
Many Maryland married couples have a prenuptial or postnuptial agreement. Both legal documents can affect the division of property if you divorce. Most cover assets that each owns, but what is the difference? What these agreements detail The main difference between...
How getting divorced later in life is different
Divorce is always a difficult process, no matter when it happens. But getting divorced later in life in Maryland can present unique challenges and benefits that you don't encounter when divorcing at a younger age. Here are important things you should know when...
How debt is split in a divorce
There is a lot of discussion of what happens to the wealth of a couple who gets divorced in Maryland, but the rules for debt division are just as important. Resolving debt can be complex because different kinds of debt are treated separately and with different rules....
Following the steps for the divorce process
Although divorce is a complex and emotional process, couples in Maryland might find they can prepare for the process by learning about the general steps. From initial filing through final resolution, understanding what is needed during each step can help you better...
The effects of gray divorce in Maryland
Divorce is always a difficult process, but it can be especially complicated when one or both spouses are over the age of 50. A "gray divorce" can have a number of unique effects on both individuals and their families in Maryland. Let's explore some of the most common...
Financial planning tips for your divorce
For many people in Maryland, getting a divorce can be financially destabilizing. This includes the cost of the divorce itself, the loss of assets, and the expense of maintaining a household as a single person. Your initial steps What your risks are and how you should...