Once a couple decides to split, the act of splitting assets, funds and child custody can be a more in-depth process than some may realize. Pennsylvania couples may find they need outside help from other professionals in various fields in order to move forward with the divorce process. One high profile couple is making news as their divorce has been on-going for over a year and has resulted in others being subpoenaed to provide information and insight.
Regardless of the status or length of a marriage, there are serious financial changes that will occur. Those financial changes need to be addressed by both parties in a divorce in Pennsylvania. Once both parties address these immediate financial concerns and obligations, the divorce process may move forward more smoothly, and each party may have a clearer sense of where he or she stands financially after the divorce.
Many families have a deep attachment to their pets. For some family members, the attachment and love for a family pet can be just as important as the love for a child. This can be evident in Pennsylvania courts as property division agreements can involve disputes concerning the fate of these pets. While still legally regarded as property, more and more courts are taking individual cases into consideration and implementing creative resolutions when equitable distribution of property involves a pet.
The recent hacking of an Internet site has brought news of hidden infidelity to light for many. Some Pennsylvania couples may wonder how proof of infidelity can impact a divorce. While Pennsylvania is a no-fault divorce state, the factors that led to that divorce, including infidelity, can affect how a divorce unfolds for both parties.
A divorce changes virtually everything in the lives of the parties involved. Finances are certainly part of those changes, regardless of the length of the marriage. It is important for both parties in a Pennsylvania divorce to understand those changes and prepare themselves in order to financially survive a divorce and to ensure fairness as the proceedings move forward.
Communication can be a problem for co-parents during and after a divorce. Despite any communication problems or lack of desire to communicate, Pennsylvania parents who divorce simply have to find a way to communicate as they co-parent. When issues crop up or parents have a dispute, it may help to have tools in place to resolve issues and help parents work together.
A divorce does not just disrupt the relationship between the parties and any children involved. It also disrupts the financial life of all involved. Regardless of socio-economic status, a divorce in Pennsylvania typically impacts the short-term and long-term financial outlook for both parties. It is recommended that couples takes certain steps and think about certain financial decisions in order to ensure a smoother and less financially disruptive divorce.
Divorce process will obviously be unique to each couple, yet certain aspects of a split may be more common than couples expect. One part of the divorce process that can get complex is property division. If a Pennsylvania couple has amassed a great deal together or has a shared business, there may be certain details of the property settlement agreement that need to be cleared up before anyone agrees to anything.
For many couples, the family home may be the most valuable asset. It may also be the asset that both parties are the most emotionally attached to at the time of a divorce. Pennsylvania couples who are navigating a divorce will need to agree on the fate of a marital home in order for both parties to move forward after the split. Making and adhering a formal agreement can also help avoid pitfalls and problems such as foreclosure or credit issues that could result from not agreeing to a plan.
One of the biggest points of contention during a Pennsylvania divorce proceeding is determining how assets and property should be distributed. As a result, feeling financially secure following a divorce can be tricky. A few tips may help people to rebuild their wealth after going through a divorce.