Property Division Posts
Dividing the assets in a Maryland divorce is a complex process involving strategy. High-earner couples can butt heads over the ownership of valuable collections and other items. But it’s equally important to consider the value of less tangible marital property, e.g., the country club membership. Learn below why it’s vital
When it comes to dividing the marital home in a divorce, there are a few common scenarios for Maryland couples. In many cases, one spouse keeps the home and pays the other spouse their fair share of equity. Sometimes, couples co-own the home for various reasons, such as waiting
Divorce can be complex, especially when dividing high-value assets such as jewelry. If you are facing this situation, you might wonder how to approach the division of these precious items. Below are considerations that may help you navigate this delicate process. Understanding the value of your jewelry Before diving into
When a marriage involving high-value assets ends, financial matters can get complicated. Sometimes, one spouse might try to hide wealth, making it hard to divide things fairly. Uncovering hidden assets becomes not just a matter of financial security but of justice and equitable division. Follow the paper trail Thoroughly examine
Divorce is often an overwhelming emotional rollercoaster. These feelings usually intensify when substantial assets enter the picture. Knowing which documents to prepare can ease your anxiety and streamline the process. Below are five essential documents you’ll need at hand for a high-asset divorce. #1: Tax returns Think of tax returns
Retirement is usually the last thing on anyone’s mind during divorce. However, when negotiations for asset division come up, you will need to think about your retirement plans. People with high net worth can have up to 55% of their total assets or wealth in retirement accounts. Since these count
Dividing property can be one of the most stressful parts of divorce. In Maryland, the court tries to split property equitably, considering each spouse’s contributions to the marriage, financial situation and earning potential. However, this process can be particularly complicated for high-asset divorces, where many properties are difficult to identify
Divorce is complicated, challenging and emotionally draining. It can also be financially draining, particularly when it comes to dividing assets. Maryland law divides marital property in a way that is fair (equitable distribution), but this can make the property division process scary since it is a black box as to
Marriage is a legally binding contract. It is one of the biggest decisions you will make. When you marry someone, you are committing to share your life with them, support them and be legally responsible for them. Your assets, debts and income will become jointly owned, and you will be
As you confront the reality of divorce, it is not just the assets you share with your spouse that come under scrutiny but also the concrete manifestation of your life’s work: your business. You have built your enterprise from the ground up, investing your time, money, energy and dreams. Your