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How can you divide your assets?

When residents in Pennsylvanian go through a divorce, you’re going to be dealing with things like property and asset division. This is where Palange, Endres & Marks, P.C., come in, as we can help guide you through the process as simply and easily as possible.

First, there’s the option of amicably deciding how you want your assets to be divided. Though this isn’t possible for everyone, it’s a good option to consider if you and your ex-spouse are still on good terms. Amicable resolution of asset division means that all parties involved can decide without court interference on who will be getting what. You will be able to decide on your own terms how you want your property, joint finances, retirement funds and more to be divided.

If you and your partner are unable to reach an amiable conclusion to asset division, you will need to take your case to a court instead. There, the judge will make these decisions for you. The judge will look at things like your salary, the standard of living you had while married, child custody arrangements, tax ramifications and more. Based on these factors, they will decide who gets what in terms of property, finances, and so on.

If you are interested in reading more about how to divide your assets after a divorce, please check out our web page, linked here. What works for one couple may not necessarily work for all, so it’s important to work with an experienced attorey to find what’s right for you.