People in Berks County who are facing the end of their marriage may benefit from working with a financial planner. Often, people wait until after a divorce, but this can mean making mistakes in the settlement that have long-term financial consequences. Estranged...
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Property Division
Divorcing spouses need to know financial picture
Many Pennsylvania couples know they're likely to need separate legal representation to help them through the process of divorce. Some may not realize, however, that having a financial adviser can be just as beneficial, especially if the couple's financial picture is...
Issues to avoid with dividing retirement assets
In divorce cases in Pennsylvania and around the country in which a spouse has accumulated money in a retirement account or a non-qualified plan, the accounts held are in most cases subject to property division. It is important to understand how to correctly divide...
Tax responsibilities for property transfers in divorce
Divorcing spouses in Pennsylvania often must deal with several complex financial matters when they negotiate a settlement agreement, including property division. Some might need to carefully consider the tax responsibilities that apply to their property settlements...
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...
Detecting fraud and asset concealment in divorce
Most Pennsylvania couples who are going through a divorce will not have to worry about financial fraud, but in a small number of cases, hiding or even destroying assets can be a problem. In some divorces, something known as dissipation may occur. This is when a spouse...
Financial ramifications of a divorce
Going through a divorce can be emotionally difficult for many Pennsylvania couples, but it can also greatly impact both parties' financial situations. Part of this can be due to alimony and child support payments, but the majority of the change is from now-separate...
Man facing civil contempt in divorce case
Pennsylvania couples who are going through a divorce and who are struggling with property division issues might be interested in knowing about a case that is wending its way through the New York court system. The man in that case is facing civil contempt for refusing...
Equitable distribution rules in Pennsylvania divorces
Many people believe that marital property is divided equally when a couple decides to divorce. States that divide marital assets in this way are known as community property states, but Pennsylvania follows what are called equitable property distribution rules. There...
Pets are like children in modern divorce cases
Pennsylvania dog owners may be interested to know how custody of family pets is handled in divorce cases. In the past, pets were usually considered personal property in these types of matters, but it is becoming increasingly common for them to be treated more like the...

