Anyone in Reading who has gone through a divorce can tell you that it isn’t easy. Not only can some spouses be vindictive or even just uncooperative, but it can also be emotional to end a marriage, even if you were the one who initiated the divorce. While many people in Pennsylvania may think that the easiest part of divorce will be the property division, they would be sorely mistaken. Even though Pennsylvania is an equitable distribution state, which means that property will be divided equitably, but not necessarily equally, it is how the property is divided that causes the most trouble.
Whether you have tremendous assets or relatively few, there is bound to be a fight over who gets what. Do you get the furniture and your ex gets the car? How do you split family mementos? And, most importantly, who will get the marital home?
For most people, their house is their biggest asset, both financially and emotionally. It is more than just a house, but has truly been a home, so the fight over who gets it may be tough. Many times, if the divorcing couple also has children, whoever will have primary custody will petition for the home in an attempt to keep some continuity for the children. In some situations, however, no one wants the home because there are either too many bad memories associated with it or it is just too large or too expensive for a single person. If that is the case, it is often best to sell the home and split the profits.
Property division can be difficult, which is why so many men and women turn to divorce lawyers to help advocate for their interests in a divorce settlement.
Source: The Huffington Post, “What to Do With Your House in a Divorce Case [Infographic],” Christian Denmon, Denmon & Denmon Trial Attorneys, Dec. 9, 2013