When parents divorce, children who are caught in the middle often feel like their world has been turned upside down. Studies have shown that children benefit the most when both parents are involved in their lives. This is a big reason why co-parenting, or shared...
Divorce
Coping with a challenging and emotional divorce
A marital breakup is often a stressful and unsettling experience, and understandably so. A long-term relationship has just ended, lifestyles and routines are upset and there are usually legal hoops to jump through. It’s easy to see why divorce can throw any individual...
Why the divorce rate is skyrocketing among older couples
It may be a surprise to learn that more and more spouses these days are choosing to stay together. As a whole, the divorce rate in Maryland and across the United States is declining. However, for spouses over the age of 50, the rate of divorce is skyrocketing. But why...
How to move on after a stressful and emotional divorce
The dissolution of a marriage can be one of the most challenging experiences any person can go through. Spending years with a spouse only to suddenly call it quits on the marriage is understandably stressful and emotional. Contrary to popular belief, divorce...
What are the reasons for gray divorce?
A marital breakup is often one of life’s most stressful experiences. Surprisingly, the overall divorce rate these days is actually on the decline in Maryland and across the United States. For one specific demographic, however, the divorce rate is on the rise. In a...
Divorce rate is rising among over-50 age group
There is no way to predict with 100% accuracy which marriages will last a lifetime and which will not. In certain demographics, the current divorce rate appears to be on the rise. People in Maryland and elsewhere throughout the country who are age 50 and older are...
Divorce has multiple financial implications that can impact the future
A divorce is a process often rife with emotion, for understandable reasons. However, this tendency may cause a person to miss important financial items that could wind up costing them a great deal in the future. Here is an overview of several of these crucial...
Advantages and disadvantages of lump sum spousal support
Getting divorced often means a change in one’s personal finances. If one spouse earned significantly more money than the other, he or she may be required to pay spousal support, or alimony, to the other. However, there may be other options that are still beneficial to...
Divorce has short- and long-term financial implications
Divorce can sometimes be a complex process, so much so that people may be tempted to rush through it. That strategy can have significant, negative financial consequences, however. Many people here in Maryland who choose to end their marriages may not be aware of the...
Use care when dividing retirement accounts in divorce
When people in Maryland think about dividing assets in a divorce, a house or checking account may come to mind. While those are important components, one part many people may overlook is retirement accounts. This is of particular concern for older couples who have...