Blog: Divorce

11/19/12

Are Pennsylvania baby boomers driving up divorce rate?

The baby boom has had lasting effects on American demographics, and as boomers continue to age, their choices continue to drive statistics in a number of arenas. In particular, boomers in Pennsylvania and elsewhere have significantly impacted trending in marriage and In part, the recent trend toward ‘gray divorce’ can be attributed to the choices made by older Americans. Some studies assert that between 1990 and 2012, divorce rates among adults over the age...

11/7/12

Pennsylvania divorce rate on rapid rise for people 50 and older

For many years, it was assumed that the longer a couple stayed together, the less likely they would be to go through a divorce. While that still may be true for many couples, a recent study found that those individuals 50 years and older are getting As we referenced in our blog post on July 5 (“Collaborative divorce for baby boomers?”), the divorce rate of people over 50 doubled over the time period from...

10/23/12

Ashton Kutcher and Demi Moore divorce update: Are they at odds?

Pennsylvania readers have likely followed the media reports about the separation of Demi Moore and Ashton Kutcher. Though the A-List couple has apparently not actually filed for Reports indicate the power couple has been addressing financial issues through their respective attorneys. It seems, however, that they are not close to an agreement and may actually be further apart in negotiations. There have been rumors that Demi and Ashton may need a judge to decide...

9/21/12

Dating after divorce: Tips for Pennsylvania exes

Divorce can often seem so much like the end of something that it’s hard to imagine picking up the pieces and starting again. However, many Pennsylvania couples who have gone through First and probably most important is to take the necessary time to heal. Even a marriage that might have been on the rocks for quite some time before the actual divorce papers were signed may take some time to move on from, and...

7/31/12

How to move on after divorce

Divorce can be a very stressful process, especially when both parties cannot decide on the terms of the divorce settlement. No matter how emotionally challenging Taking a vacation can probably be one of the best pieces of advice given to someone after a divorce. It helps in providing a clear frame of mind while taking your mind and body away from the pain that may have been caused by the divorce. Try to choose...

7/18/12

Divorce improves financial awareness for high-income women

A survey from a financial consulting firm suggests that many high-net-worth women believe that they are better off financially after their divorce than they were going into the process. When asked, 62 percent of women with a net worth of $1 million or more feel that their The perceived improvement among high-income women is a betterment of their financial literacy skills. This increase in knowledge is often the result of having to address their...

7/5/12

Collaborative divorce for baby boomers?

According to the federal 2009 American Community Survey, adults age 50 and older have gone from being only one in every 10 people who have divorced in 1990, to being one in every four people in 2009. There are more than several potential reasons why a couple older in age may choose to One example may be that the household dynamic has changed since their children have grown older. Another may be that their...

6/8/12

Is video game addiction wreaking havoc on your marriage?

What’s the best video game system of today: Wii? Playstation 3? XBox 360? With various systems out there, it’s hard to determine the best one, but that’s not really what the concern is for many people. In fact, the problem may lie within what the video games could cause: Many residents of Pennsylvania divorce for other reasons than video games. Most would divorce their spouses over financial aspects of the marriage, alcohol problems or...

5/23/12

Tips on protecting your finances throughout the divorce process

Most people don’t ask for divorce. For a marriage in which someone provided their all and received nothing or little in return, it is just a difficult circumstance to deal with. And when the marriage lasted for years and all of a sudden comes to an end, it is even more devastating. However, no matter how emotionally tasking a When couples are married for some time, they generally have joint banking accounts as well...

5/19/12

Financial affidavits in divorce

In a divorce, there are several documents that a Pennsylvania resident should gather. Some of these documents may be items such as deeds, insurance contracts and loan documents that are not necessarily required but are nonetheless helpful to have on hand. However, some documents, such as a financial affidavit, may be required by the court in a A financial affidavit is a document that outlines four important things: income, expenses, assets and debt. It...