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Pennsylvania couples need to consider finances in divorce

The divorce process involves more than determining where a person will live or who will get the family dog. It can be a very massive upheaval of one’s finances. Any Pennsylvania couple in the midst of a divorce may benefit by considering a few tips about how to deal with credit card accounts before they actually start anew.

If both parties are obligated on the credit card, both are legally obligated to keep up with the debt. If one party says they will assume payments, but they then neglect to do so, the other party can still be held accountable if their name remains on the account. The best way to deal with this scenario is to designate who will take ownership of what account and then transfer balances to new accounts to relieve the other party of responsibility. Another idea is to take any joint savings and simply pay off and close out any joint accounts.

Divorce and effects on homes for Pennsylvania couples

There are many decisions to be made when a decision to end a marriage is made. The division of property during a divorce can take a major emotional and financial toll on all parties. The fate of a home and the process of getting a new home can be particularly complicated for Pennsylvania couples as they navigate a divorce.

The process of how to split a house and the resulting impact varies according to whether a couple is just separated, in the process of divorce or has finalized a divorce. If still married, one party can surely go out and buy a home of their own. However, the other spouse -- a soon-to-be ex-spouse -- will need to sign documents releasing them from any interest in the new property being acquired.

Pennsylvania parents can plan to tell kids about divorce

Every family is different. How children and parents deal with divorce can be vastly different also. However, despite the uniqueness of each family, Pennsylvania families may be interested in a few guidelines as to when it may be best to discuss an impending divorce with children.

For children who are of adolescent age, it may benefit them to know about the divorce a few weeks before an actual split. This may help them process how the news will affect them directly and give them time to discuss their feelings about the changes coming. For children of this age who are old enough to indicate where they wish to live, this time to reflect and decide can be crucial for how a custody negotiation moves forward.

Divorce in Pennsylvania may impact earnings and retirement

The changes that take place during and after a divorce can be far-reaching. Many lives change in an instant during a divorce. One area that is sure to change is a person’s financial standing or outlook. For couples who are going through what is dubbed a “gray divorce,” which is divorce after the age of 50, the impact a Pennsylvania divorce may have on retirement savings can be life-altering.

Retirement savings accumulated over time may be significant. If one party stayed at home and the other made the bulk of the retirement savings or pensions, those funds would be split between the two. The division of retirement funds can essentially mean that both parties may be retiring on half of what they expected to have. Plus, after a certain age, it may be difficult if not impossible to rebuild that nest egg.

Tips to keep divorce separate from work

The divorce process can be complex, emotionally draining and time-consuming. Because divorce issues can spill over into every facet of someone’s life, it is only natural that divorce may impact a person’s career or work life. The impact on work can actually be detrimental to someone’s career. Pennsylvania couples going through the divorce process may be interested in a few tips to help keep a divorce separate from work.

One practical tip is to keep the details or issues related to a divorce out of the work place. This may mean intentionally avoiding talking about divorce matters with co-workers. It can also mean avoiding making phone calls from the office related to the divorce. Calling family members or the soon-to-be ex-spouse from the office can lead to conflict or interference with work priorities.

Possible shift in Pennsylvania child custody trends?

In the past, it was generally expected that when Pennsylvania parents decided to pursue a divorce, children would be relegated to the custody of the mother. With the exception of certain situations, as in where the mother was deemed unfit, this was the cultural norm. According to a recent report, more fathers are fighting to change the tide of child custody arrangements that were commonplace in the past.

According to the report, men are insisting that they have their positions as parents recognized in family courts. Traditionally, family law rewarded custody to the mother simply because, in the past, it was mothers who were the primary caregiver and many were stay-at-home moms. The shift in the dynamics of child-rearing has reportedly led to an emphasis on the rights of fathers.

Financial matters can complicate Pennsylvania divorce

Whenever there is a marital separation, the emotional implications are also coupled with financial challenges and changes. When a couple marries and has considerable wealth from the onset, there may be a prenuptial agreement in place to ensure fairness in the event of a divorce. However, if the bulk of the wealth was accumulated during the marriage, Pennsylvania couples may find it more difficult to handle financial matters during a divorce.

One vital tip is to explore other options of deciding how to deal with finances. Whether through direct negotiations or working through mediation to decide on financial matters, doing so before a divorce heads to court can help ensure some privacy. Once the matter needs court intervention, the details of a couple’s financial holdings can become public, depending upon the jurisdiction where the divorce was obtained.

Man deals with child support issues for child who isn't his

Many people deal with child support problems, from being unable to pay or not receiving payments on time to feeling that they have been ordered to pay too much. For Pennsylvania families, there are legal options and outlets that can help parents deal with any distressing child support issues. Any parent who is struggling may be interested in the story of a man who has been fighting for 20 years to rectify a child support payment order for a child that he says is not his.

The man was first ordered to pay child support in 1995. He says he quickly let authorities know that he was not the father of the child. The mother of the child also acknowledged that isn’t the father. The man says he paid for and took a paternity test to prove he wasn’t the father, and he mailed those results to the attorney general of his home state.

One man's child support matters become public

Whenever a couple separates and decides upon a formal child support agreement, that agreement is legally binding. If one parent does not or simply can’t live up the obligation or has other issues that lead to being unable to pay child support, there may be a wide variety of consequences. In one town, a man may have to fight to keep a school board seat as his personal child support matters are now public. Any elected official or community official in Pennsylvania may be interested in the school board member’s situation.

The 42-year-old man is set to take a seat on the school board, which he just won an election. He was speaking with a local news outlet when he revealed that he is currently behind in child support payments. The man reportedly owes more than $45,000 in back child support.

Patric child custody ruling could affect others in Pennsylvania

Family law cases can be as individual as the people involved. There are times when a child custody case impacts more than just the parties involved. A recent child custody case thousands of miles away could have a ripple effect in Pennsylvania. The case involves actor Jason Patric and his quest to be a dad to his biological son.

Patric agreed to act as a sperm donor to a woman who was once his girlfriend, and the two now have a four-year-old son together. However, Patric was never listed on the birth certificate, as the arrangement only covered his involvement as a sperm donor. He and the woman at one time developed a relationship that entailed Patric acting as the boy’s father for a period of time. Eventually, the woman decided to cut Patric off from being a parent and having any kind of visitation since the relationship between them had ended.

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Rockledge PA 19046-4445

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