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....
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Divorce
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...
The challenges of divorce late in life
Divorce at any age poses financial challenges, not only after the marital property is split, but also in a drop in the standard of living of the ex-spouses once they set up separate living accommodations. But for older couples, the financial impact of divorce may be...
What happens to frozen embryos in a divorce?
With all of the advancements in fertility science, many couples are able to have children who were once told it wasn’t possible for one reason or another. These couples may have frozen embryos that they are saving for the future. But if a couple decides to get...
How will your 2020 divorce impact your income tax filings?
The year 2020 brought many changes to our lives. For couples in Maryland whose marriage was already rocky, 2020 may have led them to file for divorce. Now that it is time to file your taxes, it is important for those who divorced in 2020 to understand how their...