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...
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...
The longer people have stayed married and the bigger the difference in their personal financial circumstances when they separate, the more likely it is for a divorce to result in alimony payments. One spouse who earns more than the other and who has the resources to...
So, picture this: you're in the middle of a messy divorce, and your home has turned into a battlefield. Now, I know you might be tempted to change the locks to keep your soon-to-be-ex out, but hold your horses! Legally speaking, both of you have equal rights to live...
Someone's perception of their marital relationship could change unexpectedly in a matter of minutes. They might uncover a hidden bank account or discover electronic communication involving someone with whom their spouse is having an affair. Other times, the...