Property division is a major part of many Pennsylvania divorces. Assets often take the spotlight in these discussions. However, debts also play a significant role. For example, they can influence the division of assets. Considerations for debt division In...
It used to be rare to hear that a long-established couple was breaking up, especially those who were near or at retirement age – but that’s definitely changed. These days, so-called “gray divorces” are on the rise. In fact, even though divorce rates are steadily...
When parents divorce or break up, they usually need to find a way to share custody. Doing so can prove to be more challenging than people initially anticipate. Parents may find themselves fighting bitterly over time with their children, and sometimes even the children...
Divorce, a challenging journey in itself, can become even more complex when one spouse conceals assets. The financial aspects of a divorce in Pennsylvania require meticulous attention, and it is important to be vigilant for signs of asset concealment. 1. Unexplained...
If you are thinking about filing for divorce, you understand it is a decision you should not make lightly. Before filing, reflect on your reasons. Understand the issues causing dissatisfaction and whether they are workable. If you believe divorce is your best option,...
Understanding the division of assets is important for individuals seeking a dissolution of their marriage. Pennsylvania law follows the principle of equitable distribution when dividing assets. Equitable distribution principle The equitable distribution principle in...
Divorce often involves a multitude of financial and logistical considerations. Among these concerns is whether one party must pay for their ex-spouse's insurance after the marriage dissolves. This issue varies depending on the specifics of the divorce agreement and...
Divorce can have far-reaching effects on various aspects of life, including family businesses. When you and your spouse are undergoing a divorce, take proactive steps to ensure the continued success of the family business. Above all, separate personal issues from...
Marriage usually involves two people supporting each other and sharing resources. Spouses usually share every cent that they make, often by combining their incomes to pay household expenses. They usually share a bank account to make it easier to track the household...
For many parents, the marriage of their child is an exciting moment, partially because that new relationship may bring them one step closer to becoming a grandparent. Many people wait for years to be a grandparent, as grandparents enjoy a very special place in the...