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February 2019 Archives

Planning ahead for divorce as a business owner

Business owners in Maryland may need to consider the future when they decide to marry. While few people want to think about divorce before they even begin their married life, this is a necessity for entrepreneurs. In many cases, investors like venture capitalists may even require proof that a business is safeguarded in case of divorce before making a serious investment in a firm. Because a business can be such a key asset, it's important to think about how a divorce could affect its future.

Divorce negotiations for a positive resolution

Divorce can seem like a frightening or overwhelming experience for many people in Maryland, especially if they are most commonly familiar with its portrayal in media. People hear about drawn-out court cases, bitter disputes and ongoing financial feuds. However, millions of average people get divorced each year, and many of them do not face these contentious, high-conflict situations. Divorce often comes with difficult emotions, and it can be a challenging time. However, it is also possible for both parties to negotiate an agreement that sees the marriage come to an end without a battle over every dollar.

How divorce can affect sending kids to college

Several parents in Maryland work hard to send their children to college. However, those very same parents might not plan for unexpected events, such as the death of either spouse or the divorce of both parents. Yet, this is surprising given how many married couples end up going to divorce court: As a matter of fact, it is estimated that four out of ten marriages get dissolved at some point.

Reasons for divorce share common traits

Although each case of divorce is unique, Maryland couples who choose to separate often find that they share common traits with troubled marriages throughout the country. Insider has published some data regarding common reasons for divorce, and the results show that many of the top causes are the same today as they have been in years past.