Often, retirement plans are the largest assets acquired during a marriage. If a retirement plan was created or improved during a marriage it should be included for consideration in an absolute divorce and subject to equitable distribution by the court. In Maryland, certain types of retirement interests such as 401(k), 403(b) and pensions require a…
Retirement plans and pensions are frequently key assets targeted during the property division process during a Maryland divorce. In the event you are planning a divorce, or in the midst of a contested divorce proceeding, there are a few key issues you should keep in mind in order to protect your retirement assets. Divorce and…
Consulting with a Maryland divorce attorney is the first step in the next phase of your life. Like any important step forward, being prepared for your Maryland divorce consultation is important. By following these simple Maryland Divorce Consultation Tips, you can maximize the effectiveness of your consultation, and ensure that you find the right attorney…
Throughout the United States, it is becoming increasingly more common for older couples to divorce. A gray divorce, or a divorce where the average age of the couple is over 50, focuses less on child custody and support, and more on retirement and asset division. While many married couples know they have retirement accounts, they…
In the last 20 years, gray divorces have increased throughout Montgomery County, Maryland and Prince George’s County, Maryland. More married couples over the age of 60 have been divorcing with the divorce rate in this age group doubling between 1990 and 2010, according to a study by Bowling Green State University. Given the frequency of…