by Jill Maturino | Jul 16, 2012
Maryland Courts use different methods to divide pensions between spouses, depending on the type of pension. Upon divorce, the Court can transfer ownership of an interest in a pension, profit sharing, 401(k), IRA, stock option or other deferred compensation plan owned... by Jill Maturino | Jul 16, 2012
Upon divorce in Maryland, the Court may transfer ownership of an interest in: (1) a pension, retirement, profit-sharing, or deferred compensation plan, (2) family use personal property, subject to the consent of lienholders, or (3) the family home (as of October 1,... by Jill Maturino | Jul 16, 2012
The Maryland Court cannot divide debts between spouses upon divorce. Therefore, one spouse cannot be held liable for the other spouse’s debts. Spouses are jointly liable for debts in their joint names, although the Court cannot require either spouse to satisfy joint... by Jill Maturino | Jul 16, 2012
Whether you can keep your engagement ring upon divorce depends on when it was acquired. If the engagement ring was acquired prior to the marriage, the spouse who received the ring will be entitled to keep the ring upon divorce as non-marital property, free from... by Jill Maturino | Jul 16, 2012
In Maryland, prior to divorce, one spouse cannot force the sale of a jointly owned home, which spouses typically own as tenants by the entireties. “Tenants by the entireties” property entitles each spouse to use of the entire property and no right to lease, dispose of...