Phone: 301-738-7770
Steven J. Gaba
Phone: 301-738-7770

August 2018 Archives

How are business assets divided in a divorce?

A great deal of hard work no doubt went into establishing your business in Rockville. The same might be said of your marriage. Your concern for the former will doubt then be affected by the dissolution of the latter. You may question why your soon-to-be ex-spouse is able to profit off of your business when you were the one to establish it. Yet it should be remembered that per Section 8-201 of the Maryland Code detailing Property Disposition in Divorce and Annulment, a marital asset is defined as any that you acquire while married. While your business as a whole might not meet this criteria, any interest it gained while married would. 

NBA's Blake Griffin and former fiancee resolve custody dispute

Most in Rockville might assume that child custody cases are always part of larger divorce proceedings involving feuding spouses upset at each other over issues other than who gets primary custody of the kids. Yet it should be remembered that custody proceedings can also take place between unmarried couples. Some might assume that such couples bring less "baggage" into such matters, yet the fact that a couple never married does not mean that they love their kids any less than any other parent (and, by extension, will not exert the same amount of effort in fighting for what they believe to be their kids' best interests). Still, in such cases, just as it is with married parents, unwed couples are encouraged to work through custody disputes amicably. 

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