Pennsylvania residents who are going through a divorce or who have already completed this process know firsthand the impact it can have on their finances. When divorce happens later in life, it can make it more challenging for the divorcing individuals to stabilize...
25+ Years of trusted representation & superior results for clients. Nobody will fight harder than us.
High Asset Divorce
Potentially devastating effects of divorce in retirement
Divorce after retirement can pose challenges younger people might not face when they decide to end their marriages. For example, retired Pennsylvania couples likely planned for their retirement savings to provide for them as a couple. If they get divorced, they have...
How to separate finances in a divorce
One step many people in Pennsylvania may need to take when they are getting a divorce is to separate their accounts. This includes closing shared accounts that are in both people's names. Doing so can protect someone from a spouse that might clean out an account or...
Separating finances in a divorce
When Pennsylvania couples get divorced, one of the most complex tasks that they will need to complete is separating out their finances. Over time, a couple's finances can become very intermingled, which can make untangling them a difficult process. It is important to...
Financial tips for divorce
Getting a divorce can have a significant impact on the health of someone's finances. However, there are some steps Pennsylvania residents can take to make sure that their financial situation will be stable after a divorce.Speaking with an attorney that can provide...
Beware of pitfalls when splitting retirement accounts
Some Pennsylvania couples who are getting a divorce might be tempted to try to do it themselves. However, this could be a problem if there is a retirement account that needs to be divided. There could be significant taxes and penalties if it is not done correctly. For...
Protecting separate property from future divorces
Pennsylvanians who are preparing to get married should take the time to have honest discussions about their finances in advance of their wedding. It is important for people to understand the full picture of their partners' finances in order to protect themselves...
Hidden assets, division of property and sharing information
Pennsylvania is not a community property state, so property is not split 50/50 in a divorce as it might be in a state like California. One California woman was concerned because although she had been the main earner for around a decade, her husband wanted the entire...
What to do if one spouse seizes assets
People in Pennsylvania who notice unusual financial activity from a spouse may wonder whether that spouse is planning for divorce. For example, one man's wife took the $90,000 they had both received from a house sale plus the $40,000 she got after losing her job and...
Dividing marital property fairly in a high-asset divorce
Pennsylvania residents going through the divorce process will want to negotiate an equitable division of marital assets to protect their future financial health. Even when they work diligently to achieve this, however, they may overlook certain things that can...