Dividing things in a divorce can be tricky. Pennsylvania has rules about what belongs to both people and what doesn’t. The state uses something called equitable distribution, which means everything is split fairly, but not necessarily in half. Marital vs. separate...
High-asset divorces often involve tricky financial decisions, especially when one or both spouses own a business. Business valuations play a key role in making sure both sides get a fair deal and stay financially stable. Knowing how these valuations affect divorce...
Hiding assets during divorce proceedings may seem like a way to protect one's financial interests, but it can lead to serious legal consequences. Courts require full financial transparency to ensure a fair division of marital property. Legal penalties for hiding...
A "grey divorce" refers to a divorce involving couples aged 50 and older. As more older couples seek divorce, one major concern is dividing retirement accounts. Understanding how to handle these accounts can ensure a smoother divorce process. Types of retirement...
Divorce can be a complex and emotional process, especially when it involves significant assets. Financial advisors help individuals navigate the financial aspects of a high-asset divorce. Couples should understand how financial advisors can help them through the...
Following a less-than-amicable divorce, you may struggle communicating with your former partner. When you have children, you may want to coparent, but if you and your spouse cannot agree to work together, what can you do? Parallel parenting is an option that allows...
Going through a divorce can be a complex and emotional process, and one of the key issues that need resolution is financial support from one spouse to the other, commonly known as alimony. Alimony in Pennsylvania is not a one-size-fits-all solution. The state...
When a marriage ends in Pennsylvania, the equitable distribution of property determines the division of assets and liabilities acquired during the union. Equally splitting everything acquired during the marriage is not a given. Understanding how this process works...
Very few things can be as complicated in the life of Pennsylvania residents as going through a divorce. Preparing in advance can help make the process peaceful, drama-free and fair. Prepare mentally During your divorce, you must make countless major decisions that...
Bird nesting is a unique living arrangement where divorced or separated parents share a single residence while taking turns caring for their children. For many families seeking stability, it is an appealing option. Before diving into this unconventional strategy, it...
