Pennsylvania couples who have accrued vast assets, shored up their retirement savings and are planning for a prosperous future as they age might be blindsided by a divorce. Divorces between those 50 and older are frequently categorized as “gray” divorces and pose...
Standing Beside You & Fighting For You
Year: 2021
Is your spouse hiding assets from you?
Pennsylvania is an equitable distribution state. This means that during the course of divorce, marital assets are divided in a fair, but not necessarily equal, fashion. However, to ensure that you get your fair share of the marital estate, you need to ensure that...
What can the court do if the property division order is ignored?
In Pennsylvania divorces in which there may be substantial assets at stake, it is important to understand all aspects of the law surrounding property division. Of course, the most basic concept is equitable distribution. The marital property will be divided in a way...
Why Millennials are embracing the prenup
Each generation has its own take on the ritual of marriage. Recently, the millennial generation has been making waves with its embrace of a once-taboo marital practice – the prenuptial agreement. The prenuptial agreement or “prenup” is essentially a contract that...
Can moving in prior to marriage hurt one’s future marriage?
We see it on TV all the time now, but in prior decades moving in together without being married used to be rare. Indeed, as a society, it was shocking. However, as moving in together has become the norm, can that actually hurt one’s future marriage? The moving in...
How is property divided in a divorce in Pennsylvania?
Throughout a marriage couples earn money and buy and acquire a number of assets. This property could include homes, vehicles, bank accounts, retirement accounts, investment accounts, businesses, collectables and other items. During the marriage both spouses generally...
Thinking about divorce? Avoid these 3 common financial mistakes.
Those who are thinking about divorce have probably taken a moment to review their finances. They know they will likely need to split bank accounts, and the savvy within the group may know they will need to distinguish between marital and separate property....
How do you divide a retirement account in divorce?
Many Pennsylvania employers offer retirement accounts to their employees, and many employees are counting on these accounts to sustain them once they have retired. So are their spouses. For many married couples, a retirement account may be one of the single largest...