If you and your spouse have a combined income of over $15,000 a month, it is likely that you entered into a prenuptial agreement prior to your marriage. A prenuptial agreement or antenuptial agreement (“prenup”) is an agreement entered between two people before a marriage where one or both parties establish their right to claim an…
During a Maryland divorce proceeding, parties tend to focus on the division of tangible things, like property or assets, and financial support, like alimony or child support. However, these parties overlook that they may need a Maryland divorce name change. Whether one spouse adopted the other’s last name or both spouses hyphenated their last names;…
During a divorce proceeding, a lower-earning spouse may be entitled to rehabilitative or indefinite alimony. Generally, the spouse with higher income may be ordered to pay spousal support to the lower-earning spouse. Alimony awards are enforceable by the court, particularly if the alimony award is incorporated in a judgment of divorce and marital settlement agreement. However, some…
A Maryland high net income divorce can be complex due to the need for assessments of child support, alimony, monetary award, and high-value property division. If handled incorrectly, a Maryland high net income divorce could potentially cost you thousands of dollars. Maryland is an equitable distribution state, meaning that your assets and income will be…
Frequently, once a couple decides that a marriage is no longer working, the parties will choose to file for a divorce as soon as possible. For many reasons, some couples may choose to separate indefinitely without filing for a divorce, and it may be years before a spouse is ready or able to file a…