Not all final divorce decrees lead to a 50-50 split among the parties. Several factors could contribute to an uneven distribution of assets. Married couples with a prenuptial or postnuptial agreement may address mutually agreed upon asset distributions, subject to...
Alimony
Most alimony payments are not tax deductible
If you and your spouse have begun to discuss getting a divorce in Maryland, you may be surprised to learn that you cannot deduct alimony payments to your spouse on your income taxes. Similarly, if you receive alimony payments after your divorce, you do not have to...