Steven J. Gaba - Rockville Family Law Attorney
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April 2019 Archives

Going through a high-asset divorce at an older age

There are a variety of factors to consider when it comes to splitting up with your spouse, such as the financial impact and how this move may affect your kids (and even your grandchildren). The emotional toll of divorce can be tough, and the financial impact of a divorce should not be overlooked, either—especially for those who have a high net worth. Moreover, more and more people are ending their marriages at an older age, which can bring up additional concerns. However, by taking the correct approach to your divorce, a brighter future may be around the corner.

Do you need a forensic accountant on your legal team?

If you and your spouse are a high-asset Maryland couple preparing for a divorce, you may begin to wonder if (s)he is trying to hide marital assets from you so as to better his or her financial position when it comes time to construct the property settlement agreement.

What is a "guardian of the property?"

Ask people in Rockville to define "adult guardianship," and you are likely to get a general consensus that the topic applies only to those cases where a disabled adult needs constant supervision over every facet of their life. In reality, however, there are different forms of guardianship. The state of Maryland does not take the decision to hand someone's decision-making powers over to another lightly. Instead, if such action is warranted, it prefers to make its extent as limited as possible. Because of this, the most common form of adult guardianship assigned by state courts is "guardian of the property." 

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