People sometimes assume that it is their own fault if they need to file for bankruptcy. In fact, this is one of the reasons that they will sometimes cite for procrastinating or avoiding bankruptcy altogether until moving forward become absolutely necessary. Because...
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Rockville, Maryland Law Blog
3 common mistakes to avoid in a high-asset divorce
Everyone makes mistakes. Unfortunately, even a minor oversight in a high-asset divorce can quickly escalate into financial ruin. A high net worth divorce entails a significant marital estate valued at $1 million or more, often including businesses, investments, rare...
Do not let emotions drive your divorce decisions
Intense emotions in a divorce often affect financial choices. Hasty decisions based on anger, sadness or resentment might lead to selling assets without careful thought. People might agree to bad financial deals or miss important money details. So, it is vital for...
Can your child change schools without approval from both parents?
If you and your ex-spouse have joint legal custody of your child, you may face some challenges when it comes to having your child change schools. Sending your child to a different school is a big decision that can affect your child’s education, well-being and...
What are common factors considered in a business valuation?
When a business is one of the marital properties in a high-asset divorce, the stakes become significantly higher. While circumstances vary, spouses often do not have equal contributions to the company. One spouse may be more involved than the other. As such, complex...
How a divorce impacts your retirement accounts
Although there are many emotions involved in a divorce, legally speaking, sometimes a divorce is no more than a math problem. Property division is one of the main aspects of a divorce. Property division in a Maryland divorce involves splitting your marital assets and...
What if one parent won’t consistently follow a child’s custody order?
Married parents who decide to divorce will have to negotiate a custody arrangement. Unmarried parents who separate or break up will also need to make changes to their parenting arrangements. A Maryland custody order will detail a general division of parenting time....
Can I take my kid on vacation without the other parent’s consent?
Vacations are fun, and they can, believe it or not, be even more fun with your children. Sometimes, in our exuberance or excitement, we may want to take our kids on vacation before telling the other parent, but is that legal? Married and living together If you and the...
A BAC lower than .08% can still get you into trouble
In Maryland, an officer can charge you with driving under the influence (DUI) if your blood alcohol content (BAC) level during a traffic stop test is at least .08%. You might think you’ll be fine for as long as you don’t hit .08%. However, the state is strict when it...
Do you have to go to court to divorce in Maryland?
One of the many reasons that people delay filing for divorce is that they hate the idea of going to family court. The idea of testifying about what happened during the marriage and letting a judge decide what happens with the property the couple shares and/or the...