If you and your ex share children, a question you might have around tax season is, “what happens if both parents claim a child on taxes?” Although your divorce decree should specify which parent gets to claim the dependent tax deduction, it’s n…
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Almost nobody enjoys going through divorce. Likewise, most people dread preparing and filing their taxes. Unfortunately, many people have to do both.
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Marriage is just as much a financial relationship as it is an emotional one. Importantly, the financial consequences of divorce are far reaching and go beyond the question of who gets the house and other marital property in Maryland. In fact, the eco…
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A divorce can take several months or even years to finalize, depending on the complexity of the issues in your case. If you are in the process of divorce and physically separated, you may be wondering, “if I am separated, how do I file taxes?” Wh…
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No one needs extra, unexpected expenses that challenge your budget and put your future goals at risk in divorce or otherwise. Choosing to retain a family law attorney to handle your divorce or navigate a high-conflict custody dispute may initially se…
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Many Maryland families depend on government social security benefits and social security disability insurance payments to pay their bills. When those families fall apart, it may be hard to understand where those payments will go. You may have questio…
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Financial troubles are one of the top causes of divorce and marital discord. When debts outweigh assets and your monthly payments eat up most of your income, you and your spouse may need to resort to a bankruptcy to resolve your debts, even as you co…
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Money is one of the top causes of divorce in the U.S. Money problems usually mean you, your spouse, or both have accumulated enough debt that making the payments is straining the relationship. As you begin to negotiate how your divorce will be resolv…
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Two things that make most people unhappy are facing divorce and the prospect of filing taxes. These experiences, unpleasant on their own, can be even more difficult when combined. When you are in the midst of the divorce process, and confronted with…
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You know that divorce is expensive: you’ve seen it on TV and magazines, heard about it from family and friends who have gone through the process. Somehow, although you know it to be true, the full reality of your expenses in divorce doesn’…
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