Blog: Divorce

11/19/15

Divorce decisions: duration and amount of alimony payments

Alimony is not set in stone, and there is no set amount ordered in every individual case. When someone in Pennsylvania is pursuing a The amount ordered for alimony payments will depend on the spouses’ incomes. Also, the ability of both spouses to earn their own livings will affect the amount of alimony ordered. If one spouse is disabled or unable to work, that person may receive more alimony when compared to someone who...

11/4/15

The importance of property division decisions during divorce

Sharing a mortgage with one’s spouse may be perfect when times are good. However, when When one spouse decides to stay in a home, the person who decides to keep the house likely needs to have the mortgage put in her or his name. This means he or she must qualify for the mortgage without his or her spouse’s income, which can be difficult when a home was purchased based on two incomes. In addition to...

10/27/15

Family pet may take center stage during a Pennsylvania divorce

When a couple splits, the dissolution of the marriage also means a splitting of marital property. While many pet owners do not regard the pet as property, according to the law in Pennsylvania and other states, animals are dealt with in the same manner as other assets, and important decisions regarding the fate of those animals must be made during a The courts will weigh options and consider the individual circumstances of each case...

10/15/15

Help may be needed to uncover fraud during divorce

Divorce is typically a time of emotional upheaval, but it can and often is a time of financial upheaval as well. The property division process during a An attorney might enlist services from forensic accountants to discover if fraud is an issue. This will allow for the tracing of funds and can outline a paper trail of what may have unfolded during the marriage. A thorough review of old tax returns, credit card activity...

10/6/15

High profile divorce leads to several being subpoenaed

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 The husband is the billionaire founder of Citadel. His wife signed a prenuptial agreement in 2003, and the husband filed for divorce in 2014. The couple has yet...

9/29/15

Financial steps for Pennsylvania couples going through divorce

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 First and foremost, important financial documents must be located and secured. This can mean tax returns, investment statements and any credit card company reports. Making copies and securing hard copies with...

9/15/15

Equitable distribution of property can involve pets

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 One...

8/26/15

Infidelity can impact Pennsylvania divorce

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 For some, infidelity can be costly as the guilt may be used as leverage by one spouse. But, when it comes to actual dollars and cents, the money a spouse used on an affair may be calculated and prove important as a divorce settlement moves...

8/5/15

Immediate financial steps to take during a divorce

A One important step to take is to divide accounts and assets. One party’s credit score can take a hit if assets or accounts are in both names and the other party does not pay on time or at all. Mortgages and car loans should be settled. Refinancing can be the key to protecting finances or selling the property if refinancing is not possible. For a couple, it is common to have a spouse...

7/29/15

Pennsylvania families may find apps helpful in divorce

Communication can be a problem for co-parents during and after a As virtually everyone carries a smart phone, apps are increasingly popular and helpful in many areas of life. Divorce and co-parenting is no different as apps have evolved to help parents be better co-parents and resolve conflict. One app is available as a means of tracking child support payments and other extra payments. When a parent needs to go to court or prove...