Of all the different aspects of a divorce case that Maryland residents go through, the property and debt division part is the one that will likely have the most consequential impact on finances going forward. Most married couples spend years – if not decades –...
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Property Division
How should you handle assets of sentimental value in divorce?
On Behalf of Abney at Law, P.C. | Jul 25, 2024 | Property Division
The outcome of your divorce can shape your finances for a long time to come. Yet, there’s more than money involved when you decide to dissolve your marriage. As you well know, emotions can be entangled in the process, making it more difficult to find a way out of your...
Can we share assets for the kids?
On Behalf of Abney at Law, P.C. | Jun 12, 2024 | Property Division
Divorce can be a challenging process, particularly when it comes to dividing assets, and especially when the divorcing couple has children. And, one way that some divorcing couples get through the process is by sharing assets. This raises the question, “Can they do...
Think of the future when property division comes up in a divorce
On Behalf of Abney at Law, P.C. | Feb 2, 2024 | Property Division
Sometimes when Maryland residents go through a divorce, they have the tendency to get totally consumed in the moment – the emotions of it all, the changes in family dynamics and the thoughts about what they could have done differently. This is, of course, completely...
Think twice before fighting for the family home
On Behalf of Abney at Law, P.C. | Nov 28, 2023 | Divorce, Property Division
During a divorce, especially if emotions are running high, it can be easy to want to fight to keep certain property. For example, both spouses may feel strongly attached to the family home, especially if they have lived there for many years. Usually, a couple’s...
Many Marylanders will divide retirement pay in a divorce
On Behalf of Abney at Law, P.C. | Sep 27, 2023 | Property Division
Perhaps they were at one time, but employer-backed retirement plans are no longer a benefit reserved for executives and government or union employees. Many if not most private employers in this state offer their employees a 401(k) or some other type of retirement...
Is property division different in Maryland?
On Behalf of Abney at Law, P.C. | Aug 31, 2023 | Property Division
If you are going through a divorce, unless you have children, your primary concern is likely how your property and assets will be divided. In Maryland, we are an equitable distribution state. This means that family law judges divide the marital estate fairly. Though,...
Maryland’s guide to determining property division in a divorce
On Behalf of Abney at Law, P.C. | Dec 27, 2022 | Divorce, Property Division
When going through a divorce in Maryland, the family court must divide your marital assets in accordance with state laws. Many factors go into this decision, but at the end of it all, each spouse will walk out with what's fair, depending on their unique circumstances....
Court Orders Acceptable for Processing (COAPs)
On Behalf of Abney at Law, P.C. | Aug 2, 2022 | Divorce, Property Division
A Court Order Acceptable for Processing (COAP) is an important legal action in a divorce settlement. It governs the division of retirement assets for people who have worked for the government in the Civil Service Retirement System or Federal Employees Retirement...
Protecting your assets during divorce
On Behalf of Abney at Law, P.C. | Mar 24, 2022 | Property Division
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...
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