When you divorce, one of the things you may worry about is your financial independence. You might have relied on your spouse for money, or you may have only worked part-time while you cared for your family. Now, as you divorce, you may not be on sure financial footing.
Divorces can drive you crazy, making you frustrated and annoy you because of the actions of the other party. At the end of the day, all you want is to move on.
When you and your spouse struggled to agree on how to raise your child while you were married, you thought that the issue was down to different parenting styles. Today, as you go through divorce, you believe it's more to do with control.
Parenting when you and your spouse are separated or estranged is sometimes difficult. Your children may struggle due to the new conditions of the relationships, and you may have difficulties when communicating with your spouse.
No one wants to go through a divorce because the intention of getting married is not to leave your spouse. Even if you agree that you need to go your separate ways, a divorce is devastating when it comes to the plans you once had for your future.
Leaving a long-term relationship is essentially the basis of a divorce. It's not easy to do it, even if you don't want to be in a relationship any longer. Your lives may be intertwined, making it difficult to break out of the relationship without damaging family relationships, friendships and other relationships you have.
People in Maryland who are getting married may want to consider a prenup, particularly if they own a business, have a blended family or are getting married for the second time. A person who is bringing assets into the marriage may want a prenup that will protect those assets.
While finances are often a source of tension in marriages, Maryland couples might be surprised to learn that college loans have been identified by some people as the reason their marriages failed. As the costs of college continue to rise, it seems that the consequences resulting from the loans taken to pay for higher education are also rising.
The federal tax code and various laws regulate how certain assets are divided during a divorce. However, there are no clear rules regarding inherited IRAs. Despite the absence of any legal guidelines, inherited IRAs are being divided up in family courts in Maryland and across America. With new alimony rules coming into place at the beginning of 2019, these retirement accounts may play an even bigger role during divorce in the future.
Maryland residents who are considering getting divorced might wonder how long the process will take. The length of a divorce will depend on the individual spouses and specific circumstances.