Ending your marriage in Maryland doesn't have to equal a huge financial loss. There are plenty of methods that you can adopt in order to protect your assets. Some of them may require quite a bit of forethought and fancy maneuvering. It will be up to you to do all that...
Divorce
How does a divorce impact your mortgage?
On Behalf of Abney at Law, P.C. | Mar 10, 2022 | Blog, Divorce
If you obtain a divorce in the state of Maryland, joint debts will likely be divided in an equitable fashion. However, it's worth noting that lenders are typically not obligated to abide by the terms of a divorce decree. Therefore, you may be responsible for paying...
Why you may need life insurance to get divorced
On Behalf of Abney at Law, P.C. | Jan 6, 2022 | Divorce
Getting a divorce is a sticky process, and there are a lot of things that you might have never thought about, including the necessity of getting life insurance. When you get a divorce in Maryland, there are people you are legally bound to take care of in your death,...
Stay informed regarding property deductions during your divorce
On Behalf of Abney at Law, P.C. | Dec 2, 2021 | Divorce
Getting divorced in Maryland can be a complex process, which is why it's crucial to understand how property deductions and non-deductions get split. Doing so should help you become more informed during the process. Standard deduction versus itemized deductions Have...
Tools that can help you stay strong through divorce in Maryland
On Behalf of Abney at Law, P.C. | Nov 4, 2021 | Divorce, Family Law
Even though divorce is sometimes necessary, the whole process can take a toll on you if you are not psychologically and emotionally prepared to deal with your separation. If you are going through a divorce, here are some of the tools you can use to stay strong during...
Are there ways to preserve real estate assets in a divorce?
On Behalf of Abney at Law, P.C. | Oct 15, 2021 | Divorce
When spouses divorce, concerns arise over the division of assets. Maryland is not a community property state, meaning the court will rule based on the principle of equitable distribution. "Equitable" might be open to interpretation, and those with greater assets than...
How to respond to a spouse’s divorce request
On Behalf of Abney at Law, P.C. | Sep 21, 2021 | Divorce
Divorces can be tricky to navigate emotionally and legally. A divorce request from your spouse may understandably take you by surprise. Accordingly, you might not be prepared in terms of knowing the best course of action moving forward under Maryland divorce law. Here...
Does a gray divorce affect the adult children?
On Behalf of Abney at Law, P.C. | Sep 14, 2021 | Divorce
Spouses may find that their marriage comes apart after many years together. There's nothing out of the ordinary about a "gray divorce," but the dissolution still represents a life-changing outcome for the family involved. Even if both spouses heading to a Maryland...
Why does rushing a divorce sometimes cause problems?
On Behalf of Abney at Law, P.C. | Sep 9, 2021 | Divorce
When both spouses want to end their marriage, completing the divorce process as fast as possible might seem preferable. However, rushing to dissolve a marriage may lead to regrettable oversights and mistakes. A divorce settlement in Maryland considers many financial...
What you should know about an uncontested divorce
On Behalf of Abney at Law, P.C. | Aug 24, 2021 | Divorce
Like other states, Maryland allows married couples to seek uncontested divorces. Ending a marriage in an uncontested fashion is generally faster, less expensive and less stressful than doing so through litigation. Let's take a closer look at the details of such a...
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