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...
Divorce
A strong financial future for women after divorce
One of the most concerning aspects of ending a marriage is how this choice could potentially impact a spouse’s long-term interests. Money is a sensitive and complex aspect of a divorce, and every choice has the potential for long-term effects. It is in the interests...
Does a major promotion increase a woman’s odds of divorce?
After years of hard work and climbing up the corporate ladder, you’ve finally reached the C-suite. Receiving a promotion to an executive role comes with new responsibilities and possibilities. But a step up in your career could mean a big step back in your marriage....
What a certified divorce financial analyst can do
Most people in Maryland know that getting a divorce will have an impact upon their finances. Yet they may not realize just how extensive that impact may be. The process itself takes special attention to detail, and many of those details can be easily overlooked. This...
Is a QDRO needed to transfer retirement assets in divorce?
When a Maryland couple begins to sort out their assets in preparation to negotiate a property division settlement regarding divorce proceedings, financial assets can play an important role. Bank accounts and investment portfolios often take center stage in divorce...
Will separate accounts protect my money in the divorce?
“The account is in my name, so it’s mine.” When it comes to divorce, a Maryland resident may be entitled to part of the assets that are held in the spouse’s name, or vice versa. While the trend toward separate bank accounts may assist with minimizing financial...
Planning for a gray divorce
Reports indicate that the percentage of Maryland couples seeking divorce is on the decline. While this is true overall, the percentage of couples seeking what is often referred to as a gray divorce is on the rise. In fact, the number of individuals in this age...
The impact of divorce on children
A divorce is a hard experience for anyone to handle. It can be especially hard on children who are caught in the middle of it. If you are a parent going through a divorce, understanding the impact on your children is critical. These are a few key facts to know. Common...
Helping your child cope with the impact of divorce
The impact of divorce on all parties involved is literally life changing. For a child, that may not be easy to process. Therefore, both during and after the divorce, proper parental support is crucial. There are a few key things you can do to help your child cope with...
4 places spouses hide assets before a divorce
Even though some spouses stay married forever, many marriages end in divorce. While the divorce rate has dropped in recent years, marriages end every day. If you are thinking about divorcing your spouse or suspect your partner has the same idea, you must think about...