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January 2018 Archives

How divorce cripples women financially and what to do about it

Historically, the female population in America has been marginalized when it comes to the gender inequality of income. This includes divorced women. It certainly takes great courage to walk out of a marriage that is toxic and unresponsive to any type of help. However, neither do you want to be at a crippling financial disadvantage when there are ways to prevent this before a divorce is finalized.

What are the benefits of sole custody?

Divorcing parents in Pennsylvania have a lot of decisions to make, and they have to be made quickly. The choices you pick will not only impact your life, but will have a heavy influence on the life of your child, too. For these reasons, you may be considering sole custody over joint custody.

Should You Keep The House After Divorce?

Aside from custody negotiations, one of the thorniest issues in a divorce can be what happens to the house. The house a couple has shared likely has emotional meaning for both spouses, and it can be difficult to figure out what to do with it, especially if children are involved. Sometimes, to maintain the "nest" for minor children, the mother will want to stay in the house and maintain the house as a primary residence for the children, while the father finds a new place where the children can visit. This arrangement may seem like a simple solution, and may seem the most favorable solution for a mother who has stayed home to care for the children while the father worked outside the home. There can also be financial benefits to keeping the home. But there are also reasons why the house can become an albatross, too.

What exceptions are considered when making child support plans?

Pennsylvania parents who are getting a divorce will not only have to deal with their own assets. They'll also have to deal with their child, and how to raise them. At Palange, Endres & Marks, P.C., we focus on helping parents like you find child support payment plans that work best for everyone involved.

The division of IRAs in a divorce

Divorce can cause significant upheaval to your life in the present, but it can also have lasting implications on your future. While it’s logical to consider the immediate financial impact of divorce, it’s smart to be aware of how it will affect your retirement as well.

Do divorced women still need alimony?

This is one of the best times in history to be a woman in the United States. A mere century ago, women lacked the right to vote and were generally treated as property by their husbands. Now, women have the same legal rights as men and can be just as successful. Unfortunately, like many other women in Pennsylvania and elsewhere, you might still find yourself at a financial disadvantage after a divorce.

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Palange, Endres & Marks, P.C.
720 Centre Avenue
Reading, PA 19601

Phone 610-674-0712
Toll Free 800-634-1983
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