The valuation of assets in a divorce can be critical. But, when a person thinks of their most valuable possession, what is the most likely answer? For some, the answer might be the family home and accompanying real estate. However, according to a recent article, for many the answer is their retirement accounts and pensions. Not giving these assets their due during the division of property could be a big mistake.
Posts tagged "retirement"
Everyone needs a little advice sometimes, right? And one of those times in life when Maryland residents are likely to reach out to someone is during, or after, a divorce. When a marriage reaches the point where divorce is the only option, people can face many different emotions. It can be scary to know that the relationship you have been so proud of and dependent upon is ending, and you will then face the prospect of once again making your way alone - at least for a while.
Our Maryland readers may know that the divorce rate among the so-called "baby boomers" is rising quickly. Most probably already know that the United States has one of the highest divorce rates in the world, and when it comes to a split between baby boomers, the situation is likely to involve a high asset divorce.
Going through a divorce in Maryland can be an immensely emotional and troubling time for anyone. A divorce can take time and can potentially leave both parties bitter and resentful once the process is completed.