Business Assets and Divorce

Protecting Your Credit During Divorce – Part 2

As mentioned in Part 1, getting divorced can be a great personal and financial challenge. During the process of negotiating a divorce agreement, it is crucial to ensure that you will be sound financially and not burdened by the debts of your former spouse. Part 2 will discuss two more methods for protecting your credit [...]

Protecting Your Credit During Divorce – Part 1

Getting divorced can be a great personal and financial challenge. During the process of negotiating a divorce agreement, it is crucial to ensure that you will be sound financially and not burdened by the debts of your former spouse. Unfortunately, people are often quite unpredictable when times are stressful. Out of spite, a divorcing spouse [...]

How the 2017 Tax Act Impacts Divorce Negotiations, Small Business, and Business Valuations

Seminar Thursday, February 22, 2018 4 - 6:30pm Executive House 10015 Old Columbia Road Suite B-215 Columbia, MD 21044 Early Bird registration (until 2/12/2018) $99 per person $119 after that date Registration cut-off 2/19/2018 Register Now Sandwiches, soft drinks, and coffee will be provided This seminar, designed for attorneys who practice Family Law, [...]

When Financial Divorce Tactics Trump Sound Financial Planning

There are times when a CDFA’s financial recommendations fly straight in the face of sound financial planning strategies. Since 2008, there have been a few cases where the Divorce Financial Planner has apologized to divorcing spouses, “I know you came to me help you get divorced, but we have to address financial survival first.” [...]

Divorce and Business Ownership- A “Tangled Web”

Divorce and closely-held business interests owned by either spouse is a combination that can add significant challenges and costs to a negotiated Marital Separation and Divorce Agreement. Under Maryland divorce laws, business ownership (100% or partial) is considered Marital Property if the ownership was started or the business has increased in value during the [...]

Maryland Divorce Advice for Women
7 Tips to Avoid Financial Disaster

A Divorce in Maryland can be very expensive. It can leave either spouse at risk for financial disaster, including bankruptcy. Advance divorce financial planning will greatly improve one's chances of an equitable settlement. These practical measures can take to minimize your costs or, at least, keep them under control: Do not get stuck on [...]