A new custody trend among separating Pennsylvania couples is generating interest across the social and legal spectrum. Known as "bird nesting," it is providing an alternative solution to the question of where the affected parties will live. Simply stated, bird nesting...
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Property Division
How to sell a home during a divorce
Some Pennsylvania couples who are getting a divorce may need to sell their home. According to one survey, this happens in nearly two-thirds of divorces. Selling the home can be an emotional process. However, there are steps that can make it less difficult.Couples...
Your property division checklist
There are so many things to keep track of in a divorce that it can be easy to forget what's important. It seems like each area has its potential issues and problems that estate planners have to address. Take asset division, for example. If you forget to consider...
Closing joint bank or credit card accounts
If Pennsylvania residents want to close a joint bank account, they may be wise to get permission from the joint account holders. Good communication prior to closing the account may reduce the possibility of a misunderstanding as to where the money goes. When a couple...
What to do with a house during a divorce
Some Pennsylvania residents who are getting a divorce might want to try to keep the family home. Often, this may be for emotional rather than practical reasons, and doing so may not be financially feasible. There are a number of factors that should be considered...
Divorce and 401(k)s
Pennsylvania residents who are considering getting a divorce should know what could happen to their 401(k). Although the retirement plan is offered to employees and is not considered a joint asset, it can be divided between employees and their spouses, even if the...
Options for dividing a house in divorce
There are several pitfalls that Pennsylvania homeowners who are getting a divorce should avoid. One of those is that if one person plans to remain in the home, that individual should keep in mind that it might present both financial and emotional challenges. People...
Student debt can follow a spouse beyond divorce
Student loans are great tools for helping individuals to achieve their educational and professional dreams. However, large obligations can be among some of the most serious areas of dispute in a marriage. Pennsylvania residents are not subject to the same terms as...
Who gets the home in a divorce
A home can be one of the more expensive assets that has to be allocated in a divorce. It is preferable that Pennsylvania residents who are undergoing a divorce are able to reach an agreement about what happens to the home. Otherwise, the judge will decide after...
Unmarried couples and homeownership
When a couple in Connecticut buys a home together, they make a big commitment. If a couple breaks up or goes through a divorce after making such a purchase, dividing the mortgage and determining what will happen to the home can be very difficult.Buying a home can be...