When you’re married, it can be easy to mix up marital and separate assets when making investments or depositing funds in various accounts. Commingled assets can be a source of anxiety when you realize that your marriage might be headed for a divorce. Dividing marital...
Property Division
How to address your home in a Pennsylvania divorce
Maybe you just bought your house last year after a massive bidding war with other buyers, or perhaps you have spent more than a decade making mortgage payments and improvements to your family home. Regardless of when you acquired the property, the chances are good...
Will you be able to retire if your savings are in your ex’s name?
If your marriage is unhappy or unsatisfying, you may fantasize about divorcing and spending your golden years alone. For many older adults, the only thing stopping them from pursuing happiness is financial fear. They believe that divorce will leave them impoverished...
Make choices about divorce in Pennsylvania
Going through a divorce is something that you really need to make a plan for. You have to think about how you will divvy up assets and debts to ensure that you have a good handle on what is going on. We can help you to learn about how Pennsylvania laws apply to your...
New state law shortens waiting period for no-fault divorce
Pennsylvania has had no-fault divorce since 1980. That was the year that it reformed its divorce code, which had been in place since colonial days. The initial waiting period for a no-fault divorce was three years. That was lowered to two years in 1988. Now a new law,...
Keep your focus during property division negotiations
The property division laws in Pennsylvania were the focus of one of our recent blog posts. For people who are going through a property division case during a divorce, this process can be challenging. We know that it is easy for you to let your emotions take over when...
Understanding marital property laws in Pennsylvania
Pennsylvania law is a bit different than some other states when it comes to property division during a divorce. This state doesn't recognize community property; however, there is the concept of marital property that comes into the picture. Marital property is anything...
Gray divorce rates continue to increase
While many people think of bitter custody battles when they think of divorce, this isn't always the case. Gray divorce is the term used for divorce that involve those aged 50 or over. These late-in-life divorces have continued to increase, with the divorce rate for...
What should you know about property division?
Divorce is, just as its name suggests, a division. The relationship is ending, both parties are going their separate ways and who is taking what with them needs to be settled. In general, the fewer the assets, the easier the property division process, but this is...
How is property divided in a Pennsylvania divorce?
The property division process in Pennsylvania largely boils down to what the courts determine is marital property and what is separate property. All property acquired by a husband and wife during the course of their marriage will be seen as marital property and...