Category: Settlement Agreement

Divorce: Dividing Assets One Slice at A Time

Divorce: Dividing Assets One Slice at A Time If divorce is like an apple pie, the larger the dessert, the bigger the slices. When couples part ways a 50/50 split of all assets are often desired. It’s a negotiation process that lends itself to give and take, bartering, or even a brawl. Regardless, dividing money [..]

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Prenuptial Agreements: Sign On The Dotted Line?

Prenuptial Agreements: Sign On The Dotted Line? Wedding bells are ringing. The songs of love are singing. The bridal gown glitters. The rings are polished. The license is signed. The cake has been ordered. Only one thing’s left. The prenuptial agreement must be finalized. Commonly called “prenups” the agreements establish the property and financial assets [..]

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Division of Assets Unequal in Value

Division of Assets Unequal in Value Dividing the family’s assets during a divorce can be considerably challenging. Determining who should get what can be quite a hassle, even under the most docile of situations. But, if you are not on friendly terms with your spouse, then this can be all the more complicated. If you [..]

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How Is Marital Property Valued

How Is Marital Property Valued Marital property is every property that you or your spouse obtained during the marriage, including most of the property that your spouse or you obtained separately during the marriage. Marital property normally consists of things such as you and your spouse’s houses, cars, businesses, bank accounts, appliances, furniture, stocks, costume [..]

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How Is a Business Valued For a Divorce

How Is a Business Valued For a Divorce Business valuation in divorce is a difficult matter in divorce cases, frequently requiring forensic analysis of business proceedings and expert statement. Every state though have their own guidelines but in Maryland, the value of a business interest obtained during the matrimony is considered marital property, even if [..]

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WHAT IS EQUITABLE DISTRIBUTION?

WHAT IS EQUITABLE DISTRIBUTION? A vital part of any divorce procedure is sharing of properties. While it might be unpalatable to divide each bit of property you possess, it is an essential part of any divorce. To guarantee that both spouse leaves with a reasonable, levelheaded measure of the matrimonial resources, the courts require what [..]

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Marital property after separation

I have been separated for 2 years. I’m interested in purchasing a home. Can my wife come after my new home when we divorce? Location: Bowie, MD Does she have any rights to the property even though her name isn’t on it? Answer: Marital Property is defined as property, however titled, acquired during the marriage, [..]

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