High-net-worth couples have marital troubles and often decide to divorce, just like everyone else. Unlike middle- and working-class spouses, however, high-net-worth couples face some unique issues when going through a divorce related to the volume, value, and complexity of their assets. If your divorce presents issues related to high-value assets,…
For many married couples, the largest single asset they possess is their marital home. When divorce arises, dealing with the marital home is often the most significant issue other than child-related matters. Even as you both navigate the divorce process, someone must pay the mortgage, property taxes, etc. Accounting for…
Today, Millenials, members of “Gen Z,” and many others live much of their lives online. For some influencers and celebrities, it seems that if it did not happen on Instagram (or another social media platform,) it did not happen at all. However, the ever-presence of social media can be a…
One of the most important aspects of any divorce is the division of marital assets and debts. A crucial part of that process is separating marital from non-marital. Sometimes, it is as easy as looking at how an asset or debt account is titled, but in Maryland, that is far…
Earlier this month, news sources reported that cryptocurrency is now an asset subject to distribution in divorce… in South Korea. While your divorce likely won’t be adjudicated using the laws of South Korea, this new development half a world away is still a significant reminder that digital assets like crypto…
In Maryland, one of the most essential components of a divorce is the division of assets and the biggest asset most divorcing couples possess is their home. As a result, deciding whether the marital home is a marital asset, one spouse’s separate property, or a combination of the two can…
When you bring in someone as a co-owner of your business, you want someone you can trust implicitly. For many people, the most trusted people in their lives are their spouses. However, when the personal relationship goes awry, so may the business relationship. When both break down, legal action is…
Performing complete pretrial discovery is often an essential part of divorce litigation. Your spouse’s income and earnings are likely a crucial piece of that puzzle. This discovery may be as basic as obtaining a few items documenting wages (like W-2 forms) or a complicated matter involving documentation of multiple streams…
The joke about lawyers and math not mixing is an old one, going back at least as far as a 1976 Saturday Night Live skit regarding President Gerald Ford and a debate question about the federal budget. In the real world, many areas of the law are quite math-intensive, not…
“Yours, Mine and Ours” is a 1968 film about a very large blended family. “Yours, mine, and ours” could also refer to the analysis that must be done for equitable distribution in a divorce. Arriving at a truly equitable distribution requires accurately determining which assets are “yours,” which are “mine,”…