Skip to content
  • Maryland
  • Virginia
  • Washington, D.C.

Divorce Lawyers

Thyden Gross and Callahan LLPCounselors and Attorneys at Law

301-907-4580

 

Maryland Divorce Legal Crier

News and comments about divorce, child support, child custody, alimony, equitable property distribution, father’s rights, mother’s rights, family law, laws on divorce and other legal information in Maryland.

Posts Tagged ‘Finances’

How to Repair Your Credit After Divorce

Thursday, December 18th, 2014

The good folks at Top Ten Reviews have published a guide on how to repair your credit after various financial disasters.

Chapter 3 covers divorce.

Best of all, the guide is free.

December or January Divorce?

Wednesday, December 26th, 2012

Can’t stand living with your spouse for another minute?  Don’t want to start another year with him or her?  Geoff Williams, Reuters, writes on NBCNEWS.Com today that it may be to your advantage to wait a few days until January to file for divorce.  He gives these reasons:

1. Year End Bonuses.  In Virginia, the date for determining marital assets is the date of separation.  In Maryland and DC, it is the trial date, but the court can take into consideration assets acquired after separation.  So you may want to time your separation, depending on whether you or your spouse is receiving the year end bonus.

2.  Emotions.  If your spouse remembers that you ruined Christmas, that may make it harder to settle.

3.  Shopping.  Your credit card bill may be higher in January if your spouse decides to get even with you by shopping.

4. Taxes.  If taxes go up in 2013, you may get a bigger deduction for paying alimony or have higher taxes for receiving it.

5. Planning.  Use the year end to start gathering and organizing all the financial information and documents you are going to need for your divorce.

I guess Ashton Kutcher didn’t read the article.  He filed for divorce from Demi Moore on Friday.

Housing Prices Rise in Maryland

Wednesday, June 13th, 2012

Will rising housing prices bring more divorces?  Couples who were arguing over who takes on the house as a liability may now be able to argue over how to split the net sales proceeds if housing prices continue to advance.

Over the past year in Maryland, housing prices in Montgomery County increased more than those of any other county in the Washington, DC, region, according to a story in the Washington Examiner.

Housing prices rose 11.7 percent in May over the same period a year ago, and are up 5.7 percent so far this year, a Metropolitan Regional Information Systems report showed.

New Website for Ex’s

Friday, December 11th, 2009

My pal and super real estate broker, Harlene Cohen Bernstein, has written an article about her adventures with avaricious divorce attorneys and what she did about it.

The article is called “Up Against the Wall” and it’s posted on a new website, Exon/Exoff.

The site is for and about “ex’s”.  It says if you have an ex, then you are an ex.  There are other articles, a forum for discussion, and resources for health, counseling, real estate, financial and legal services.  Check it out.

Buy This House and Get a Free Divorce

Tuesday, April 28th, 2009

Having trouble selling your home?  Here’s a new incentive you might want to try.

In Spain, a real estate company is offering a free divorce if you buy a home from them, according to UPI.Com.

Geimsa realtors in Huelva, Spain, says this deal is for you if you are putting off your divorce because you can’t afford to move.

“A divorce is very expensive,” says Vanesa Contioso of Geimsa. “So we are offering new clients the free use of our lawyers to handle the process.”

Honey, I Spent Too Much Money

Friday, December 26th, 2008

As if we didn’t have enough to worry about with the economy, Donald Trump says that hard economic times bring out financial infidelity.  Couples are hiding their spending from each other. In a blog called “Cheating with the Checkbook”, Trump says a Harris Interactive survey of nearly 2,000 people in a committed relationship found that 29 percent of them admitted to lying to their partner about their spending habits.  He advises you not to be unfaithful with your finances if you want to have a good partnership.

Financial Crisis Impacts Marital Affairs

Friday, December 12th, 2008

According to a survey by Prince & Associates, a Connecticut-based wealth-research firm, more than 80 percent of multimillionaires with extramarital lovers said they planned to cut back on their gifts and allowances; and 12 percent said financial woes are forcing them to give up on the extracurricular activities altogether.

However, Noel Biderman, founder and president of the Ashley Madison Agency, a Web site where married people can go to find extramarital affairs, says “November was far and away our most successful month ever,” he said. “It all comes down to marital discord.”  Biderman attributes his business boom to the sinking economy.

“In a more perfect world, your partner would support you and work with you to find new employment,” Biderman said. “In reality, people tend to point fingers, pass blame, and it’s really hard at that point to seek intimacy. They’re inclined to seek that in someone else who still thinks they’re the cat’s meow.”

Divorce Lawyer Is New Fall Fashion Accessory

Tuesday, September 23rd, 2008

Vogue Magazine has published the 40 best trends for Autumn.

Number 13 on this list of most useful accessories is the divorce lawyer.

“The new best friend: a good divorce lawyer: cometh the credit crunch, cometh the great settlement,” says Vogue.

The theory is that the current financial woes on Wall Street may have an adverse impact on those marriages based more on material advantages than love.

Staying Together for the Sake of the House

Wednesday, June 18th, 2008

We sometimes say the legal fees in a divorce are as much as a new car. But whether you buy a Volkswagon or a Mercedes depends on whether you and your spouse can cooperate or have to fight about who gets what.

As if that weren’t bad enough, along comes a troubled economy.

Slumping real estate prices are adding a new complication to dividing marital assets. The house is usually the largest asset in the divorce. Not so long ago, even couples in short marriages that bought a house together, could sell and divide hundreds of thousands of dollars in the affluent neighborhoods where we practice law.

Now, a sale can take months and people are delaying the sale of the marital residence for better times. Sometimes, they enter into joint ventures in their settlement agreements to own and manage the property after the divorce.

Read more about “Divorce a Luxury in a Bad Economy” by Susan Todd.

Combative Lawyers

Tuesday, June 17th, 2008

I particularly like Mistake #3 from Financial Planner Lee Slater’s article on Dr. Judith Gerhart’s blog yesterday, entitled, “Hiring a Combative Lawyer as Punishment”. Lee says,

“This is a very bad idea for two reasons. First, except in extremely egregious cases, divorce settlements are determined by equitable distribution laws and courts will not punish your ex-spouse financially for being a bad person. Second, your attorney assumes carte blanche to increase hours spent on your case. High divorce costs mean less money will be leftover for living. Treat divorce as a business arrangement and get your revenge by living well post-divorce.”

I keep trying to educate the world about this, but it is hard sailing against the wind. Combative lawyers continue to have lots of clients. But all that combative style is for client entertainment, and a costly detour from the straight path of resolving your legal case. Take it from me. What you really need is a lawyer that is a technician, someone who quietly gets the work done, meets deadlines and returns your calls.

 
© 2018 Thyden Gross and Callahan LLP. All rights reserved.