In my last posting, I gave an overview of how closely held businesses will be treated under Maryland’s Marital Property Law. Most owners have poured their heart and soul into making their business a success. Therefore, it is not surprising that the combination ending a marriage and subjecting the business to judicial scrutiny, may create an emotionally charged atmosphere. Continue reading Valuation of Closely Held Businesses
All posts by Robert L. Flanagan
Closely Held Businesses Treatment Under Maryland Marital Property Law
The Baltimore-Washington Corridor, including Howard County, Anne Arundel County, Baltimore County, Harford County, Prince Georges County and Montgomery County, is blessed with many successful privately held business that create a special issue for Maryland Divorce Lawyers. Continue reading Closely Held Businesses Treatment Under Maryland Marital Property Law
A Domestic Violence Case Can Move Quickly and Have Profound Consequences
As a Maryland lawyer experienced in Domestic Violence cases and a former member of the Maryland General Assembly, I have witnessed the strengthening of our state’s Domestic Violence laws. The District Courts are open 24 hours a day to accept petitions for protective orders and conduct ex parte hearings. Continue reading A Domestic Violence Case Can Move Quickly and Have Profound Consequences
Can Alimony Be Modified In Hard Times?
The recent economic turmoil has had a devastating effect on the economic circumstances of many, even in prosperous and economically stable counties like Howard, Carroll, Baltimore and Anne Arundel. As a result, Maryland Divorce lawyers are fielding inquiries about whether alimony awarded in more prosperous times is subject to modification. Continue reading Can Alimony Be Modified In Hard Times?
Right Against Self Incrimination in Divorce Dispute Should Be Carefully Invoked
The fifth amendment to the U.S. Constitution gives every individual the right against self incrimination. While this right is typically invoked in criminal proceedings and Congressional hearings, it is also seen in civil cases including divorce proceedings. Continue reading Right Against Self Incrimination in Divorce Dispute Should Be Carefully Invoked
Claim for Alimony While Dating
Divorce lawyers are often asked by clients about the legal consequences of dating after the parties have separated. At the very least, this question needs to be addressed in connection with issues relating to child custody and visitation, marital property and alimony. Continue reading Claim for Alimony While Dating
Alimony: A Tax Planning Opportunity
Federal tax rates are likely to be increased for higher income individuals. Moreover, tax planning issues are already important in Maryland. Continue reading Alimony: A Tax Planning Opportunity
In Separation and Divorce, Who Owns a Joint Tax Refund?
As Ben Franklin reminded us “in this world, nothing is certain except death and taxes”. As a Maryland Lawyer representing clients in their financial affairs arising from separation and divorce, tax issues must be kept in mind. Continue reading In Separation and Divorce, Who Owns a Joint Tax Refund?