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February 2016 Archives

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Bitcoins and hidden assets: what you need to know before divorce

When most people think of a couple going through a high-asset divorce, the thought of one spouse hiding assets usually comes to mind. As we have stated before, in a matter of a few discussions with a family law judge, a high-asset individual can see their wealth shrink quickly, leaving them with less than what they had been used to for all those years. Hiding assets may appear to offer a way to protect the wealth a high-asset spouse may feel they are entitled to.

Maryland legislature takes hard look at archaic divorce laws

Going through a divorce is hard enough on people after you consider the emotional struggles couples face and the overwhelming burden of dividing assets and liabilities. But what truly makes divorce a challenge for Maryland residents is a law most people don't know exists until they have to face it during divorce proceedings.

Researchers question the effect divorce has on our work lives

We can say with incredible certainty that going through a divorce will have a significant impact on your finances. That's because there is a considerable amount of research out there that tells us this is true. When it comes to children, we can say again, with relative certainty, that they will also be affected by the process, which is something we pointed out in a post last month. We can say this because of psychological studies and because of the professional opinions of experts in the field.

Divorce, Social Security benefits and you: What you need to know

As we have mentioned many times before on our blog, many couples are waiting until later in life to divorce. Whether because of timing or a newfound social acceptance, "grey divorce" has become a popular alternative to staying in a troubled marriage after retirement. But as we have pointed out in past posts, waiting to divorce until later in life can create difficulties as well as raise a number of questions.

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