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November 2015 Archives

Low-income parents owe majority of child support debt

Fathers with a lot of child support debt in Pennsylvania may not always fit the picture of a 'deadbeat dad." Many fathers who would like to pay child support simply can't afford to because they don't earn enough income. According to a study by the Urban Institute, the lowest earning parents pay the highest percentage of their income for child support.

Dividing retirement accounts in divorce

Individuals in Pennsylvania who are divorcing will need to negotiate the division of assets, and this includes retirement accounts. How these accounts are divided and distributed depends in part upon what kind of accounts they are. For example, individuals will need to be able to transfer the funds without incurring tax penalties. For 401(k)s and employer-sponsored plans, this requires a Qualified Domestic Relations Order. For individual retirement accounts, a transfer incident is necessary.

Divorce rates among older couples are increasing

Divorce rates among older adults are increasing in Pennsylvania and across the country. In 2014, married people over age 50 were twice as likely to file for divorced compared to married couples of the same age in 1990. The increase was even higher for persons over age 65. Divorce rates have remained the same or even dropped for other age groups.

DMX arrested again for failure to pay child support

Pennsylvania fans of DMX might be surprised that he was arrested on Oct. 27 following a contempt of court charge that was filed in July. The rapper, whose legal name is Earl Simmons, is accused of not making a $10,000 monthly child support payment to his ex-wife for their four children.

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