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August 2016 Archives

Business valuations during property division

The division of property during a divorce for a Pennsylvania business owner could require a business valuation by an independent expert. This number would be used during divorce negotiations. The size and complexity of the company as well as the level of animosity between the divorcing spouses could influence the extent and cost of the analysis.

Second time around: What you should think about when remarrying

You never thought it would happen again--but you've found love! Older and wiser, you've learned from the experience and you are excited to start your new journey with your new mate. Your divorce is in the past and you don't ever plan on going through another one. Yet, you can't help but wonder: Should you be more prepared before you walk down the aisle this time?

Children of divorce and paying for sports participation

Now that the Olympics have drawn to a close, people in Pennsylvania are likely in awe of some of the accomplishments the world-class athletes have made. As children with dreams of the Olympics grow up, training with goals of reaching a sports pinnacle takes significant commitments of time and money. When such a gifted child has divorced parents, the question may arise about which one will pay for the training, gear and competitions.

Property division decisions

One of the most important decisions a Pennsylvania resident who is going through a divorce will make is whether or not to keep the marital home. It may be tempting to take a home that has no mortgage on it, and it may be even more tempting when the alternative is to sell and split the proceeds with a former spouse. However, it may be a good idea to talk with an adviser about whether staying or selling is the right decision.

How to prepare for divorce settlement negotiations

There are many things that need to be considered when negotiating a financial settlement during a divorce. However, the stress of a separation could prevent a person from negotiating the fairest settlement possible. The best way to negotiate rationally is to prepare before the process even starts.

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