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...
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Divorce
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...
What is a limited versus an absolute divorce in Maryland?
The year 2020 was difficult for many people in Maryland, especially those in a troubled marriage. Sometimes things reach a tipping point where a marriage cannot be saved, and it is best for both parties if they divorce. Maryland recognizes two types of divorce:...
Tips for developing a divorce negotiation strategy
Most divorces are highly emotional. This is understandable given that most marriage dissolutions involve the untangled lives that have been enmeshed for years or even decades. While you certainly need to take care of your emotional well-being during the divorce...
New Tax Law May Affect Gray Divorce
There has been a significant increase in the amount of gray divorces, or the divorce of couples after the age of 50, and a new tax law signed at the end of 2017 has the potential to affect them. A little-noticed provision of the new law, the Tax Cuts and Jobs Act of...
Modification Of Divorce Settlement Terms May Be Necessary
People in the Maryland area may be breathing a sigh of relief after their divorce settlements are over, but life doesn’t often stand still, and the reality is that sometimes additional modifications of the divorce settlement terms can be necessary and beneficial. A...
Divorce Rates May Not Be Changing Much
People in Maryland may have seen an interesting article about the often-quoted figure that half of all marriages end in divorce. While it seems easy to quote and sounds believable, statistical analysis shows that this is not the case and probably never has been in...
Getting Help To Pursue A Modification Order Is Essential
People in Maryland who have gone through a divorce may feel as if a great weight has been lifted off of their shoulders. In some ways, it certainly has. Getting out of a messy divorce or a bad relationship can be a very freeing feeling, but for parents and people with...
Alimony Is Not A Given In Many Divorces
People in Maryland may have seen a recent editorial article in Forbes about the likelihood of spouses, in particular stay-at-home mothers, receiving court-ordered alimony after a divorce. The trend in recent years has been that women, even mothers who have elected to...