Property division in divorce if a spouse refuses to sell the house
Reinstein, Glackin & Herriott, LLC Blog
by aprilfaxonvertumarketing
1w ago
When you have decided to part ways with your spouse, you must work out an agreement regarding numerous settlement issues. For example, if you have children, you must craft an agreement regarding child custody issues. In a high-asset divorce, challenges may arise regarding property division proceedings. This is especially true if one of you wants to sell the marital home but the other doesn’t. You might have a legitimate reason for not wanting to sell your house when you divorce. Perhaps your children have never lived anywhere else, and you all have strong emotional ties to your home. Maybe you ..read more
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How a forensic accountant can help during a high-asset divorce
Reinstein, Glackin & Herriott, LLC Blog
by msmithcontentcustoms
3w ago
Divorce is a complicated endeavor, especially when a significant amount of assets are involved. Maryland courts want to ensure a fair and equitable division of assets; however, this becomes complicated when one party isn’t forthcoming regarding their financial status. This is where a forensic accountant becomes invaluable in tilting the scales towards fairness. What is a forensic accountant? A forensic accountant is a professional who combines accounting, auditing, and investigative skills to examine the financial statements of companies or individuals. They play a crucial role in analyzing fi ..read more
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Parallel vs. co-parenting arrangements  
Reinstein, Glackin & Herriott, LLC Blog
by wreedcontentcustoms
1M ago
In the past few decades, as courts and society as a whole have moved away from a “sole custody” default model, parallel parenting and co-parenting have emerged as two primary approaches for managing the upbringing of children.  Understanding the differences between these two approaches is important for parents whose romantic relationships are at an end. Although co-parenting is the more common approach, it isn’t right for every family. By carefully evaluating both options, parents can get a better sense of which approach may best serve their children and their families more broadly. Co-pa ..read more
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Staying safer when riding a motorcycle
Reinstein, Glackin & Herriott, LLC Blog
by gturnercontentcustoms
2M ago
The road is beckoning to you and the sun is blazing. After putting on your helmet, you ride off on your motorcycle, being careful to obey traffic laws. Maintaining safety when riding a motorcycle requires focus and awareness of other vehicles that are sharing the road with you. Despite wearing helmets and following traffic rules, a motorcycle is no match for a four-wheeled vehicle. Automobile drivers are not always mindful of motorcyclists as they share the road together. Unfortunately, the statistics show that the likelihood of dying in a motorcycle accident is 29 times higher than in a car a ..read more
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Common ways a financial advisor can assist with a high-asset divorce
Reinstein, Glackin & Herriott, LLC Blog
by gturnercontentcustoms
2M ago
The divorce process is often strenuous and complex, sometimes especially when high assets are involved. A financial advisor can play a crucial role in navigating the intricacies of a high-asset divorce, providing valuable assistance to both parties. For example, sorting through statements and other financial paperwork is a time-consuming and often overwhelming task during a divorce. A financial advisor can assist by organizing and analyzing financial documentation related to assets, income, debts and expenses. This meticulous organization can help both parties and their respective legal teams ..read more
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Military family care plan is a valuable tool for divorce
Reinstein, Glackin & Herriott, LLC Blog
by aprilfaxonvertumarketing
2M ago
Military families encounter many challenges as they strive to balance everyday family life with the duties of the military service member in the household. It’s a way of life that can undoubtedly cause stress and can also place a strain on the marital relationship. Many spouses decide that the strain is too great, and it would be better to file for a divorce when their marriage is beyond repair.   Couples who have at least one spouse in the military must be thorough when crafting a child custody agreement in divorce. If you’re preparing to navigate this process, you’ll want to make g ..read more
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Bad weather doesn’t excuse a car accident
Reinstein, Glackin & Herriott, LLC Blog
by kreed
3M ago
Snow, sleet and ice are a big problem for drivers – and Maryland definitely gets its fair share of all three. Every new snowstorm tends to produce a lot of car accidents. Is “bad weather” and lousy road conditions a viable defense to a car accident claim? Not at all. Here are the basics you need to know: No matter what the weather, drivers are responsible for controlling their vehicle Maryland’s laws “require that motorists drive at a reasonable and prudent speed with a regard for existing and potential hazards.” In other words, it’s every driver’s responsibility to decide when and if it is sa ..read more
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High-asset couples often need a QDRO when dividing property 
Reinstein, Glackin & Herriott, LLC Blog
by wreedcontentcustoms
3M ago
Those who have higher household incomes and more assets have more to negotiate and divide when they divorce. Retirement accounts are often a point of contention in high-asset Maryland divorces.  Spouses worry about diminishing their retirement savings by splitting them. They may also worry about penalties and taxes. While people often do need to include at least some of their retirement savings in the marital estate during a divorce, they can at least eliminate taxes and penalties with special paperwork.  A QDRO helps divide retirement savings Making a withdrawal from a retirement sa ..read more
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What is a birdnesting custody arrangement?
Reinstein, Glackin & Herriott, LLC Blog
by jrichcontentcustoms
4M ago
A majority of divorced parents in Maryland share custody of their children. Each parent typically has a certain percentage of parenting time, and the children move back and forth between their homes. Traditional shared custody arrangements can cause a lot of disruption and anxiety for children. Shuttling back and forth between households can create stress as they try to keep track the location of their property, like their favorite clothes. They also have to deal with tension between their parents and hours spent in transit each year. Sometimes, parents try different custody arrangements to re ..read more
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What is the 20/20/20 rule in military divorce?
Reinstein, Glackin & Herriott, LLC Blog
by lbaxtercontentcustoms
4M ago
Divorces involving military personnel come with a unique set of challenges and rules that aren’t typically encountered in civilian divorces. Among these are the “20/20/20” and “20/20/15” rules.  These rules determine eligibility for continued military benefits after a divorce, a significant concern for many military families.  The 20/20/20 rule The 20/20/20 rule applies to long-term military marriages and dictates specific eligibility criteria for non-military spouses to continue receiving military benefits after a divorce. For this rule to apply, three conditions must be met: The mi ..read more
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