Property Division

Maryland Divorce: How Should You Divide Pensions and Employment Benefits?

Whether you’re staring down retirement or just getting started with your career, your pension and other benefits will play a huge role in your divorce. Dividing a pension can be complicated, but it’s possible to do so in a way that benefits both spouses. Equitable Distribution in Maryland Before you proceed with retirement benefit division, […]

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divorce shock

Why Do Some People Stay in Relationships That Make Them Miserable?

Everybody knows of at least one couple that does not belong together, and yet, can’t seem to cut ties. These partners are clearly miserable, and they make everybody around them uncomfortable. Why, then, if their incompatibility is so obvious, do they continue to stick it out? A few key reasons are highlighted below. Fear of […]

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Understanding the Uniformed Services Former Spouse’s Protection Act

Many ex-spouses of former military members recognize the acronym USFSPA (short for the Uniformed Services Former Spouse’s Protection Act) but do not fully understand its meaning. The federal legislation addresses common concerns regarding eligibility for retirement pay and benefits after divorce, establishing standards for medical care and retirement pay. As the former spouse of a […]

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Splitting Up Pensions and 401(k)s During a Divorce: Do’s and Don’ts

Virginia deems pensions marital property and therefore subject to equitable distribution. Equitable doesn’t necessarily mean equal, and unfortunately, this concept greatly complicates the already perplexing property division process. Keep the following do’s and don’ts in mind as you strive for fair retirement asset division: Do: Consider a Cash Transfer for 401(k)s Like many couples, you […]

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5 Estate Planning Strategies to Address ASAP After a Divorce

Half of Americans die prior to writing their will, leaving the legacy of their estate in question. This is particularly common among divorced estate holders, who often forget to complete their will after finalizing dissolution. If you’ve recently divorced, don’t forget to tackle these essential estate planning strategies: Revoking Your Will Your first estate planning […]

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hiding money

How Do People Hide Assets Before Or During Divorce?

Asset hiding may be unethical and illegal, but it’s also incredibly common; according to a 2014 Harris Poll, three of every ten adults with shared assets have hidden them from their partner. The likelihood of hidden assets increases substantially as relationships move toward divorce. Keep an eye out for these common strategies: Transferring Assets to […]

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Your Ex or Soon-to-Be Ex Is Threatening Bankruptcy: What Now?

Bitter spouses will stop at little to gain the upper hand in divorce. One surprisingly common tactic: threatening bankruptcy in hopes of securing leverage. For others, however, bankruptcy may be a valid option, rather than a scheme for control. Keep reading to learn more about the role of bankruptcy in divorce proceedings: Genuine, or Revenge […]

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selling the home

Selling the Home During or Right After a Divorce: Tips and Traps

Many divorcing couples fight over home ownership, but those who prefer to move on to new residences face an equally difficult process: selling their once-shared home and splitting the proceeds. Selling property causes significant stress in the best of circumstances; during a divorce, it has the potential to unhinge the conversation. Follow these tips to […]

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