Life insurance can be an issue in a Maryland divorce. Sometimes, the marital separation agreement will require each spouse to maintain a certain amount of life insurance coverage. In some cases, ex-spouses may have life insurance on each other. This can be...
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How a military pension is divided in a divorce
On Behalf of Abney at Law, P.C. | May 20, 2021 | Divorce, Property Division
If you are getting a divorce in Maryland and you or your spouse are in the military, you probably know that there will several different issues to deal with that would not come up if you were both civilians. One of those issues is what happens to the military pension...
Military benefits for ex-spouses after divorce
On Behalf of Abney at Law, P.C. | May 11, 2021 | Divorce, Property Division
Depending on the length of your Maryland marriage and your spouse's military service, you might be eligible for certain military benefits when you divorce. Eligibility is based on the length of the marriage, the length of your spouse's military service, and how much...
May you retain your pension in a divorce?
On Behalf of Abney at Law, P.C. | Apr 18, 2021 | Divorce, Property Division
If you're going through a divorce in Maryland, you're going to have to go through the process of dividing up all of your marital assets. One very tricky area of separating assets is when it comes to retirement accounts like pension plans. In most cases, these plans...
Maryland divorce, property division and a jointly owned business
On Behalf of Abney at Law, P.C. | Apr 1, 2021 | Property Division
Property division and debt distribution represent among the most contentious aspects of a Maryland divorce. Property division issues potentially become even more acrimonious when a divorcing couple jointly owns a business. If you co-own a business with your spouse and...
Is cryptocurrency considered a marital asset?
On Behalf of Abney at Law, P.C. | Mar 25, 2021 | High Asset Divorce, Property Division
It may seem surprising, but an increasing number of couples in Maryland have had to figure out how to divide cryptocurrencies during their divorce. In recent years, cryptocurrencies like Bitcoin have experienced a massive surge in value. This makes them a valuable...
Tips for dealing with debt in a divorce
On Behalf of Abney at Law, P.C. | Jan 12, 2021 | Property Division
If you are considering getting a divorce in Maryland, you may be concerned about property division. However, you may not have thought about what to do about debt, and this can cause even more issues than dividing assets. Check your credit Your first step should be to...
Why is a postnuptial agreement important?
On Behalf of Abney at Law, P.C. | Jan 9, 2021 | Property Division
Just like prenuptial agreements, postnuptial agreements are legal documents that enable spouses to plan for a divorce. In Maryland, the rate of writing a postnuptial agreement is rising. The agreement is made to define property gained during and before the marriage....
Dividing rewards points during your divorce
On Behalf of Abney at Law, P.C. | Jan 4, 2021 | Property Division
When you get divorced in the state of Maryland, you'll have to divide up all your marital assets with your former spouse. This includes large properties like houses, cars and savings accounts, but it also includes smaller assets that you wouldn't normally think about....
Dividing marital property and debt in a divorce
| Apr 27, 2020 | Property Division
Although every divorce case in Maryland is different, with unique issues in each case, there is one issue that is almost universal in all divorce cases: property and debt division. Some divorcing couples may not have children and, therefore, there are no issue of...
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