Divorces involving couples who have stayed married for a long time or who have substantial assets often become quite complex. The more assets that the couple has together, the harder it is to split everything up when they divorce. Retirement accounts and pensions can...
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Divorce
Can you give up your right to your spouse’s Social Security?
Whether you have retirement accounts and a pension plan or not, Social Security retirement benefits -- along with Medicare benefits -- often play an important part in everyone’s financial plans for their golden years. If you’ve never worked outside the home or have...
Can you stay in the family home with the kids during a divorce?
Divorce means a lot of big changes for you and your children. If you are like most parents in Maryland, you want to make the divorce as easy on your kids as possible. Minimizing how much disruption they experience will be a big part of that strategy. Needing to move...
How your divorce may impact your retirement prospects
One of the more common concerns individuals have about divorce is how it might impact their financial futures. Spouses who have reached the peaks of their careers, have a family business or are nearing retirement tend to find themselves unable to think of much else....
A gray divorce can still affect your relationship with your kids
Parents thinking about divorce when they have young children at home understand that their kids will probably struggle with the end of the marriage. Those who have older kids may not worry quite as much about the emotional responses of their children. After all, they...
What’s the purpose of a limited divorce in Maryland?
Maryland offers two types of divorce: absolute and limited. What’s the difference? An absolute divorce ends the marriage entirely, while a limited divorce only settles certain legal issues between the couple without ending the marriage. In other states, that might be...
Are you in the age group where divorce is getting more common?
Most age groups in the United States have a declining divorce rate. This doesn’t always mean marriages are working out more. For instance, people now wait to get married until their early 30s, on average, so the decline in divorce for those in their 20s is largely due...
Should you take your previous name back after divorce?
When it’s time to file suit for divorce you’ll have a chance to ask to change your last name. While this is still predominantly a decision that women have to make, some men take on their spouse’s last name as a hyphenate or in addition to their own when they marry....
Will your spouse’s affair give you the upper hand in a divorce?
Finding out that your spouse has cheated on you can do a lot of damage. Obviously, it destroys the trust that you had in your spouse. It may also do damage to your self-esteem, either because you wonder why they looked for intimacy elsewhere or you judge yourself for...
3 unique concerns during a gray divorce
Some things in life get easier as you get older. However, that is not necessarily true if you decide to end your marriage. The older you are and the longer your marriage lasted, the harder divorce proceedings often become. A gray divorce is a divorce between adults...