Category Archives: Divorce
Assets and Debts In A Divorce
When thinking of marriage, one often conjures images of eternal love, ceremony, and vows of commitment to each other. However, marriage also has a significant practical and financial benefit for couples in that it allows them to join finances, build wealth, and mitigate the risks of debt. When a marriage turns to divorce, many… Read More »
High Net Worth Divorce: What Pennsylvania Residents Should Know
Recently, it was announced that Bill and Melinda Gates were getting a divorce after 27 years of marriage. This type of separation would undoubtedly fall into a category of divorce known as “high net worth”. High net worth divorces require some special considerations when compared to individuals in lower income brackets. For residents in… Read More »
Getting Divorced in Pennsylvania: A Step-by-Step Guide
Every state has their own way of structuring their divorce laws. Whether you have lived in Pennsylvania for a short time or a lifetime, you may not have ever given much thought to the state’s divorce laws unless you are currently in the process of filing for divorce. The process of filing for divorce… Read More »
Divorcing an Imprisoned Spouse: What Pennsylvania Residents Should Know
When a spouse is sent to prison, the effects on the marriage can be devastating. Even if relations between husband and wife were strong before one partner was incarcerated, the stress of this type of forced separation can cause one or both spouses to consider divorce. Research has shown that for each year a… Read More »
Divorcing in Delaware County: Understanding Property Division in Pennsylvania
For couples who have made the decision to file for divorce, one of the biggest topics of conversation (and possibly contention) will be the distribution of property and other assets. While the choice to split property 50/50 may seem like an obvious decision, the reality is that property division in Pennsylvania and many other… Read More »
3 Reasons to Litigate a Divorce
Divorce lawyers have earned an unfair reputation for always encouraging their clients to “fight.” In reality, our Media divorce lawyer understands the benefits of a low-conflict, uncontested divorce. This type of divorce is usually faster and less expensive. An uncontested divorce also helps parents cooperate after the divorce is finalized since they both realize… Read More »
Unique Challenges for Same Sex Couples Who Are Divorcing
In most ways, divorce for same-sex couples is no different than divorce for everybody else. Couples still need to navigate the division of their marital property and debts and determine child custody and alimony. Couples also need to keep the tax consequences of their decisions at the forefront of everything they decide. However, same-sex… Read More »
Dividing Digital Assets
Property division is often a divisive part of any divorce. But most people imagine that they will be fighting over the family’s home or retirement accounts. In reality, a dispute can break up about all sorts of assets, including digital ones. Few people fully understand how many digital assets they own with their spouse…. Read More »
Why Do Second Marriages Fail?
Statistically speaking, second marriages are more likely to end in divorce than first ones. According to Psychology Today, about 67% of second marriages result in a trip to divorce court, whereas only 50% of first marriages do. The divorce rate for third marriages is even higher—73%. At Barbara Flum Stein & Associates, we’ve spent… Read More »
Mortgage Refinancing after Divorce
The weeks following a divorce might sound like the worst time to refinance a mortgage. Many people are still struggling emotionally from the end of their marriage or are just trying to adjust to life on their own. Do you really want to go through a refi at this time? The fact is, however,… Read More »
