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October 2016 Archives

Inmates may soon receive child support relief

Currently, there are approximately 29,000 inmates in federal prisons across the country who are ordered to pay support to their children. Unfortunately, these individuals tend to fall far behind on making child support payments due to their lack of incomes while they are removed from society. When they are released from prison, they are coming out with massive debts owed, which certainly puts a damper on them getting their lives back together. However, a proposal has been submitted for approval that would grant current and former inmates in Maryland and elsewhere some financial relief.

How can divorce affect one's retirement?

According to a study by the National Center for Family and Marriage Research, the divorce rate for couples over the age of 50 has doubled since 1990. Some may wonder what has caused this trend. Others, particularly those couples in Maryland and elsewhere who find themselves among this group, may wonder how going through with divorce filings will affect their retirement.

Tax and legal implications of retirement accounts in a divorce

While married, Maryland residents do not often consider the tax and legal implications associated with retirement accounts. However, when they plan to divorce, these two issues should become a concern before entering into settlement negotiations. Dividing retirement accounts often requires additional legal steps in order to ensure that neither party is saddled with a large tax bill.

Criminal accusations may affect Brad Pitt's career after divorce

It seems that Hollywood couples end their marriages quite frequently, as do many others throughout the nation. A recent article discussed how divorce has little effect on movie stars' careers; that is, unless there have been accusations of a criminal nature, such as seems to be the case in Brad Pitt's situation. Many individuals in Maryland have also faced career challenges due to allegations made in divorce proceedings.

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