Category Archives: Property Division
How Are Student Loans Divided During Divorce?
The cost of a college or university education has risen significantly in the past few decades. While student loans have helped many people obtain the education they need to better their life, the debt can remain with a person long after graduation. According to Forbes, the average student debt loan is worth just under… Read More »
Protecting Your Assets During A High Net Worth Divorce
It is no secret that divorce is expensive and people going through the process often fear that they will lose everything. Fortunately, this is not the way divorce works in Pennsylvania. Like the majority of the states throughout the country, the Keystone State follows an equitable distribution model in divorce proceedings. This means that… Read More »
How To Divide Marital Debt During Divorce
Many married people know that during divorce, the marital assets are divided between the two spouses. Dividing property during divorce is always challenging, but dividing the marital debt can be even more difficult. Divorce is already expensive enough, and no one wants to incur more debt during the proceedings. This is particularly true when… Read More »
What To Do With The Marital Home During Divorce
The property division process during divorce is always complex and one of the most challenging aspects of it is deciding what to do with the marital home. Pennsylvania is an equitable distribution state, which means property is divided fairly although not necessarily equally during divorce. Many people do not know how to divide the… Read More »
Are Inheritances Divided During Divorce In Pennsylvania?
Two of the hardest things you may ever have to go through are the death of a loved one and divorce. Sometimes, these two events are connected, such as if you are getting a divorce and have received an inheritance from a loved one. If you have received valuable property or a significant inheritance,… Read More »
What Will Happen To Your 401K During Divorce?
If you are thinking about ending your marriage, or you have already started the divorce process, you may know that your marital assets will be divided during divorce. While you may be mainly concerned about the family home or vehicle, there are other assets that are often overlooked during the process. One asset you… Read More »
Protecting Your Assets During A High Net Worth Divorce
Divorce is an emotional process for many reasons. It is never easy to end a marriage, and many people worry that they will lose the assets most valuable to them during the process. Pennsylvania is an equitable distribution state, which means that all marital property is divided fairly during divorce, and that does not… Read More »
The Law Does Not Consider Your Pet As Family During Divorce
Any pet owner knows that the pets in our lives are not just animals. They are members of the family. As such, when the family breaks up because two spouses get a divorce, it affects the people in the household, as well as the pets. Unfortunately, the family courts in Pennsylvania do not view… Read More »
How To Divide Marital Debt During Divorce
Most people know that when they get a divorce, marital assets are divided between the spouses. Marital assets include any property the couple acquired together during the marriage. Although dividing marital assets can be difficult, dividing marital debts can present even more challenges. It is not uncommon for spouses to try to shield themselves… Read More »
Wedding Rings: Are They Marital Or Separate Property?
During any divorce, the division of assets always has the potential to become a complex and contentious process. Under the equitable distribution laws in Pennsylvania, marital property is divided fairly during a divorce, but that does not always mean property is divided fairly. It is fairly obvious that some assets are marital property, such… Read More »