Category: Resources

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Apr 30, 2021

Home Equity

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Home Equity & Divorce in Maryland For many of my clients, the primary home is the most valuable asset they own. “What to do with the House” can be a big sticking point in any divorce. It’s important to understand what home equity is and how it can affect the financial aspect of your divorce. The following is general information and should not be taken as legal advice, to learn more about your specific situation, take advantage of a Free initial consultation with Brandon by calling 204-395-1418 today. What is Home Equity? In the most basic terms, home equity is the part of the house you own. Typically when people purchase a home, they do not pay for the entire price. Typically buyers make a down-payment for a percentage of the home’s price, and then take out a loan called a mortgage to cover the rest. “Home Equity” refers to the difference between the value of the house and the amount of the mortgage. Here is a very basic illustration; we will use the example of a $300,000 house and a 20%, or $60,000 down payment. Using those numbers, you could say this buyer has $60,00 in “home equity” at the time of their purchase. How Does Maryland Divorce Law Treat Home Equity? Home equity is just like an other asset in a divorce, but unlike a checking account, home equity can be more difficult to calculate as it doesn’t have as clear value. The home can also play a […]

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Jan 28, 2021

Preparation Check List (for Divorce or Not)

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Divorce Preparation Checklist Financial Records — Home & Property Information Finding yourself getting ready for a divorce can be a daunting process.  You probably are having feelings that are causing anxiety and uncertainty.  Whether or not you end up choosing to get a divorce, this article may be able to help you calm down and feel like you have gained some control. This list is helpful for people who are preparing to get divorced. However, this list is meant to help ANYONE compile and organize information that is important to have whether you choose to get divorced or not.  This is simply having your swimsuit with you whether you decide to go into the pool or not. Step 1 – Securing Your Communications If you still live with your partner and anticipate getting mail (from an attorney, a new credit card or other statements you need to keep private) you may want to open a PO Box.  It is also important to think through all aspects of your security as it pertains to technology, accounts and devices – that includes: Changing passwords / creating new accounts Think about the obvious stuff like Facebook / Messenger / Whatsapp / Instagram / SnapChat and more… also think about if and where you have 2-step verification set up.  Is that set to your phone number?   Is your spouse’s email set up as a secondary email?  Because those types of openings can allow them to gain access. Social Media Settings Your friends list […]

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Dec 18, 2020

2020 Year in Review for Family Law

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This has been a challenging year for most people.  The Covid-19 pandemic has affected the economy, our personal health and relationships, how we relate to others in public and so much more.  The isolation and stay at home orders have created a lot of challenges in marriages and caused increased divorce rates in some states. The pandemic has created a unique set of challenges for unmarried and divorced parents who share custody.  Following advice about only being around “people in your household” becomes a real challenge when children move between two households.  There have also been a number of issues with support payments due to the volatile economic situation many parents are facing. More Bad News:  Nothing is going to Magically Change at the Beginning of 2021 Regardless of all the memes and funny t-shirts about 2020, very little is going to change because of the new year.  While there is a lot of hope around the Covid-19 vaccine, we will be facing production bottlenecks and limited available for the foreseeable future.  Most students will still be distance learning, people will still be working from home, and we will likely see the economy continue to struggle. So what are some steps we can take to try to help our situation get a little better?   Here are a few basic suggestions: Embrace Opportunities We are all facing difficulties. There are times we can find opportunities in them.  There has never been a better opportunity to get involved in your child’s education.  […]

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Jul 3, 2020

How to Make the Most of Your Virtual Attorney Consultation

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Tips for Virtual Meetings with Your Divorce Attorney Our office is continuing to host remote, virtual sessions with our current and prospective clients. It’s one way we can help do our part to ensure that everyone stays as safe and healthy as possible. For you, it’s also hopefully a convenient solution which provides a number of benefits.

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thumbnail for Does the “Perfect Divorce” Exist?

Jul 3, 2020

Does the “Perfect Divorce” Exist?

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With the Right Mindset & Goals, Great Outcomes Can be Achieved Last year, the New York Times ran a multimedia project titled The Perfect Divorce. The piece told the story of one couple’s journey from love to divorce, with changing priorities and life crossroads along the way, followed by an amicable split and continued pursuit of happiness. Which leads us to the question: does the perfect divorce exist?

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thumbnail for Maryland COVID-19 Divorce & Family Law FAQs, Resources

Jul 3, 2020

Maryland COVID-19 Divorce & Family Law FAQs, Resources

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Important Information & Tips for Family Law and Divorce in Maryland During the Coronavirus Pandemic There have been many pressing concerns and changes to our daily lives as a result of the coronavirus pandemic. For individuals beginning the process of divorce, or in need of a hearing or motion for any number of other family law matters, the pandemic put everything on pause.

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Jun 8, 2020

What to Know About Virtual Attorney Consultations

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Virtual Family Law Meetings in Maryland As we all navigate through these unprecedented times together, The Law Offices of Brandon Bernstein is working to continue providing our services to current and prospective clients. Virtual consultations and meetings have proven to be a great avenue for this, but we recognize that some people may still have concerns. So what’s involved, how does it work, and how does it impact the experience you have?

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Jun 8, 2020

Maryland Child Support Law Changes Payment Calculations

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New Law Will Affect How Child Support in Maryland is Calculated This fall, Maryland is changing its law regarding the calculation of child support. How much child support one party will be required to pay is by far one of the most frequently asked divorce questions, and the new law is set to make a major impact. The update will impact the qualifying threshold separating shared and sole custody. Let’s take a look to see specifically what it means and how it may impact you.

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thumbnail for Domestic Violence & Abuse a Major Threat During Coronavirus Pandemic

Apr 21, 2020

Domestic Violence & Abuse a Major Threat During Coronavirus Pandemic

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Sheltering In Place Protects Public Health But Endangers At Risk Spouses and Children The coronavirus pandemic has continued rampaging across the country and around the world. The death toll has been horrifying, and the economic damage severe. There are other looming threats as well, including many which have been overlooked or underreported. Right at the top of the list is the risk of increasing domestic violence cases in the midst of the pandemic.

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Apr 21, 2020

Virtual Divorce Consultations & Family Law Conferences Now Being Offered

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We’re Offering Free Online Divorce Consultations, Conducting Virtual Divorce Mediation & More With the ongoing coronavirus pandemic, it’s essential that everyone does as much as possible to adapt to our new environment. That’s why our team is now offering virtual divorce consultations in Maryland, and hosting online meetings to cover a full range of family law needs and services.

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