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Finding the Best Way for Any Family Law Dispute

Rockville Divorce Law Blog

Can you be financially secure after a high asset divorce?

Maryland residents may already know that one half of all first marriages end in divorce, and approximately 65% of second marriages end in divorce. In addition to these statistics, divorces are becoming more and more or an issue for individuals who are nearing retirement age. Women are statistically at a financial disadvantage when a high asset divorce occurs, although this is changing as more and more women surpass men in earnings.

Everyone can benefit from some important tips to secure their financial well-being following a divorce. First, it is important to get through the emotional rollercoaster before attempting to make important financial decisions. Secondly, professionals in the areas of taxation and financial planning may be very beneficial in sorting out the best strategy for the future. It is also important for anyone that is facing the possibility of a divorce to calculate their net worth accurately, prior to negotiating a settlement regarding asset division.

Country music star files for divorce

Celebrities enjoy many perks, but certainly have a difficult time keeping their love lives private. Maryland residents may have heard that recently, Jason Aldean, a famous country music star, has just filed for divorce from his wife of 12 years. The couple has two children together, who are 5 and 10 years old.

Asset division, child support, child custody and spousal support are all likely to be issues that this couple will need to address in order to terminate their marriage. High asset divorces can be particularly complex when they are exacerbated by the contentious issue of infidelity, which can cause a lot of unwanted media attention.

Dodger owner's former wife claims unfair asset division

Many readers from Maryland may recall the bitter divorce proceedings between Frank McCourt, the former owner of the Los Angeles Dodgers baseball team, and Jamie McCourt, his ex-wife. The two signed a divorce settlement agreement back in October of 2011. However, Jamie McCourt is now claiming that her ex-husband committed fraud by misrepresenting the value of his assets at the time of the settlement, leading to what she claims is an unfair asset division.

Jamie McCourt's main contention centers on the value of the Dodgers baseball team. She claims she was lead to believe that the team was valued at less than 300 million dollars, and it subsequently was sold for $2 billion.

Domestic Violence Center to hold basketball tournament

Readers of this blog may be familiar with previous posts documenting the new push in the state of Maryland to raise awareness about a pervasive threat that in the past was rarely spoken of in public. So much so, in fact, that it was referred to as the "silent epidemic." Domestic violence is now recognized as a very serious issue facing the residents of Maryland from all walks of life. Recently, this post has reported on how the state has been recognized as a leader in combating this difficult issue.

The Domestic Violence Center of Howard County has now announced that it will host a step show and basketball tournament to help raise awareness about this issue. It is specifically geared toward men and is designed to help them see the important and vital role they can play in stopping the cycle of violence. Women are frequently targeted in efforts to raise awareness about the issue, but, this time, it is men and boys who will be educated about the ways they can actively take steps to prevent domestic abuse from happening. Additionally, even though the victims of domestic abuse are largely women, men are also abused and need to know that there is help available for them as well.

Are high asset divorce rates declining?

Maryland residents may be interested to learn that the rate of divorces throughout the country has fallen in the last ten years or so. Every state has experienced a decline in the number of divorce filings when the data from 2009 is compared to the data from 2000. The reasons for this decline are not yet understood, but many experts feel that the sluggish economy may have played a part. Some also point to the fact the women are earning much more than they did ten years ago and many more people are also choosing to live together prior to marriage.

High asset divorces are presumably also on the decline, although this most recent particular survey did not categorize the divorces in great detail. When a couple gets involved in a high asset divorce, there should be a special focus on the value of the assets held by the parties. Marital property, debts and assets are all subject to equal distribution by the court. However, if there is a great disparity in income levels, one spouse may also seek spousal support, also known as alimony. Retirement plans and 401(k)'s are also subject to equitable distribution.

New ruling may affect child custody determinations

An interesting family law case has just been decided, which involved a couple that was engaged in a contentious divorce case. The couple was litigating the issue of child custody in court. Maryland residents know that child custody battles can be highly emotional and draining to all parties involved. Sometimes, parents let their emotions get the best of them and say things they may later regret. Now, with the advent of social media, those comments that are made to each other may be recorded forever. They may also be accessible to hundreds, thousands, or even millions of other individuals.

Recently, an appellate ruling was issued in a case that involved the issue of whether the judge determining the child custody matter could prohibit the husband from making certain comments to his wife through the social media website Facebook. The judge barred the husband from engaging in any communication with his wife on the Facebook website. The husband fought the ruling, claiming that the judge was violating his freedom of speech rights under the First Amendment of the United States constitution. The husband lost, and the ruling was upheld.

More families turning to collaborative law in divorce

Alternative dispute resolution is an area of law that refers to the use of alternatives to the traditional process of law as a method for resolving complex legal issues. Such alternatives are used in everything from intricate business dealings and financial matters to family law disputes and landlord/tenant conflicts. The following is about the use of one particular form of alternative dispute resolution, collaborative law, to resolve complex family law matters.

There are a multitude of reasons that couples choose to utilize collaborative law in family law disputes. However, the primary reason is the belief that collaborative law tends to be less adversarial than the traditional approach. While collaborative law may not be right for every divorce, and for every couple, for those couples that do choose to apply this approach, the success and the outcomes tend to far exceed the expectations of the parties involved.

Maryland honored by Biden for combating domestic violence

Recently, Maryland was honored in a speech by the Vice President for it's successful and innovative measures in combating domestic abuse throughout the state. The Vice President mentioned a program being utilized by law enforcement officials called the "lethality assessment program," which is used to assist law enforcement in focusing on the situations that present the highest potential for violence. By using this program, police throughout the state were able to identify and protect 25,000 high-risk victims of domestic violence and provide them with access to important services.

In fact, the program is now serving as a model for other similar programs throughout the country. In the four years between 2006 and 2010, the actual rate of crimes involving domestic violence actually dropped by 18.4 percent in the state of Maryland, which is a significant reduction during such a short period. Due to the success of these efforts, the U.S. Justice Department will now award $2.3 million to 12 cities and counties around the country to support new programs such as the "lethality assessment program". In his speech, the Vice President also emphasized the need to reauthorize the Violence against Women Act, which he originally introduced to Congress when he served as a U.S. senator.

Deion Sanders wins child custody battle

Many Maryland residents may be familiar with former NFL Dallas Cowboys star Deion Sanders. Recently, he was embroiled in a very contentious child custody battle with his ex, Pilar Sanders. The couple has three children together. The dispute centered on the issue of which parent should be awarded primary custody of the children.

According to reports, 11 of the 12 jury members voted in favor of granting primary custody to Deion Sanders. They reportedly came to their decision in less than two hours. According to the reports, the judge must now determine what the visitation and custody schedule will be. The reports indicate that the couple's only daughter may be sharing her time equally with each parent, while the two sons would primarily be residing with their father.

How should marital property be valued in a divorce?

The home is often the most valuable asset that a married couple owns in the state of Maryland. That is why it is so important to make sure that the marital property is properly and accurately valued during a divorce. There are a few different methods of evaluating the value of a marital residence. The first is to hire a licensed real estate appraiser to conduct a formal appraisal of the property.

The real estate appraiser should be a neutral party, so that there is no appearance of any impropriety on the part of the party seeking the appraisal. An appraisal can be costly, but it can be well worth the price in the long run, as it is vitally important to ascertain the proper value of a property in order to achieve equitable distribution during a divorce.

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Rockville MD 20850

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