Asset Tracing During Divorce: Finding Hidden Assets
Divorce can be an emotionally and financially turbulent experience, especially for high-net-worth individuals. When significant assets are involved, one spouse may attempt to hide, transfer, or undervalue their wealth to gain an unfair advantage during the division of marital property. This is why asset tracing plays a critical role in ensuring a...
How Maryland Courts Handle Overseas Assets in Divorce
Dividing assets in a Maryland divorce becomes even more complex when foreign property, bank accounts, or investments are involved. Maryland follows the equitable distribution model, meaning marital assets are divided fairly but not necessarily equally under Md. Code Ann., Family Law § 8-205.
Maryland courts include all marital...
How Virginia Courts Handle Overseas Assets in Divorce
Dividing assets in a Virginia divorce is already a complex process, and it becomes even more challenging when one or both spouses own property, bank accounts, businesses, or investments overseas. Virginia follows the equitable distribution model, meaning that marital assets are divided fairly—but not necessarily equally—upon divorce. Under Va. Code §...
How Is Property Divided in Divorce in Maryland?
When going through a divorce in Maryland, the process of dividing property can be complicated. You might be wondering how your assets and debts will be divided and what factors will be considered. In Maryland, property division is guided by the principle of equitable distribution, aiming for fairness rather than a strict...
The Emotional Rollercoaster of Divorce: Coping Strategies & Underpinning Resources
Going through a divorce can be an emotional rollercoaster, with unexpected twists and turns that can be challenging. You may experience a range of emotions, from anger and sadness to confusion and fear. It's important to understand that these feelings are normal and a part of the process. By adopting healthy coping...
Impact of a Spouse’s Criminal Record on Divorce Proceedings
When one spouse has a criminal record, it can significantly affect various aspects of divorce proceedings. Issues such as child custody, division of assets, and spousal support are all influenced by the nature and severity of the offenses. The court will carefully consider how criminal behavior impacts both the financial and familial...
How Is Property Divided in Divorce in Virginia?
In Virginia, when you divorce, your shared property and debts are divided based on what is considered fair rather than what is equal. This process, known as equitable distribution, takes into account many factors. Understanding how this works can significantly impact the outcome of your divorce. Randall J. Borden can assist you...
Void vs. Voidable Marriages
When a marriage is considered invalid from the start, it may be classified as either void or voidable. These terms carry significant legal distinctions that affect the status of the marriage under the law. This discussion will explore what makes a marriage void or voidable, the conditions that categorize each, and how...
Contested vs. Uncontested Divorce
Divorce can be a complex and emotional process, but it's important to know that there are two primary paths that one can choose to take: contested divorce and uncontested divorce. A contested divorce arises when spouses cannot agree on essential issues, necessitating a court's intervention. On the other hand, an uncontested...
What Happens to Jointly Owned Property in a Divorce?
One of the biggest worries for many people going through a divorce is what will happen to the property they own jointly with their spouse. This includes everything from houses and cars to furniture and other assets. In this brief overview, we will take a closer look at how such property may...