Avoid these common money mistakes amid divorce
When you make the decision to split from your Maryland spouse, your financial future may look much different than you anticipated. While divorce takes an emotional toll, it may also take a financial one. So, it is important that you make smart money moves while your...
High-asset divorce and temporary alimony
If you are approaching the divorce process and you have a high net worth, you need to understand how alimony could impact you as you work through your divorce and afterward. You need to familiarize yourself with your legal options and understand unique factors that...
How are assets commonly hidden?
When going through a divorce, it is easy to get distracted. After all, you have a mountain of legal paperwork to deal with, assets to divide, potential custody matters to decide and your own emotional state to sort through. Unfortunately, your spouse also knows this....
Is this a red flag of asset hiding?
When going through a divorce, it is important to present an accurate recording of your finances. The judge will use this to determine how to equally divide your assets. Unfortunately, some people will try their best to avoid this equal division. They do so by hiding...
Tips to avoid common mistakes during divorce
Whether amicable or contentious, a divorce is both a legal and emotional process. It is important to reduce the risk of surprises after you finalize the divorce. One way to help achieve this goal is to avoid making some common mistakes. #1: Letting emotions impact...
What happens if you try to hide assets in divorce?
When going through a divorce, one of the hardest parts for most people involves division of assets. This is especially true for divorces of high conflict. It can feel terrible to hand over portions of your estate to an ex-spouse, after all. But you should not attempt...
3 financial matters to address in elder divorce
Even though research indicates that the overall rate of divorce is on the decline, the rate of divorce for couples over 50 is on the rise. There is no doubt that a divorce can have a significant impact on one’s way of life – especially when it comes to their finances....
Some divorces need confidentiality agreements
Many sign non-disclosure agreements when they leave a company, but it may not occur to them to use one as part of a divorce agreement. Nonetheless, each example is a termination of a working relationship. Of course, personal lives are different than our professional...
4 tips for preparing for divorce
Whether a split has been a long time coming or a specific event triggered it, divorcing spouses would be wise to take some steps to prepare for the process. Those who are better prepared can have an easier time staying organized, negotiating settlements and managing...
What steps are necessary immediately after divorce?
Securing one’s financial future is often one of the primary goals individuals have while navigating a divorce. They take time to understand their goals and prepare a strategy beforehand to protect their property. Then, they implement it throughout the process of the...
