The divorce discovery process becomes particularly crucial in high-asset divorces, where substantial wealth and complex financial holdings require thorough investigation. This legal procedure enables both parties to exchange comprehensive information about finances,...
Divorce
How can divorce impact your credit score and history?
Many couples amass assets and debts through the course of their marriage. Those are usually meant to fulfill their joint dreams, but they can become significant challenges if the couple decides to end their marriage. If you’re facing a divorce, the assets and debts...
Times you may be able to seek more alimony in Pennsylvania
Post-divorce finances are often more challenging than many expect, especially as life circumstances change. Alimony, or spousal support, is designed to help individuals maintain financial stability after a divorce. However, what worked during the initial agreement...
3 ways to value a business if divorcing
Property division can be one of the most complex parts of a divorce. If one or both of you are business owners, then you may need to put a value on the business or businesses, which can complicate things further. Here are three ways people traditionally use to value a...
Why do spouses fall out about money?
While divorce rates, on the whole, have declined in recent decades, many marriages still don’t work out. There are several reasons for this, but money is often at the center of marital issues. Arguments over money can cause long-term issues between a couple. Here are...
Do you have commingled assets in your Pennsylvania divorce?
There are three classes of property when it comes to divorce in Pennsylvania: separate property, marital property and commingled assets. Separate property consists of what you owned before the marriage and is not subject to division during divorce. Only marital...
3 essential co-parenting tips for divorced parents
The emotional strain of divorce, combined with the need to maintain a united front for your children, often creates significant stress for many parents. As you establish a new normal for your family, you might struggle to balance your own emotional needs with the...
Is it obligatory to tell your employer you’re divorcing?
If you work, you likely depend on that income to run your household. Your income will be crucial if you are divorcing so you probably do not want to upset your employer and lose your job. They can’t fire you because you are divorcing, but they potentially could if...
Why would child support not be awarded in a Pennsylvania divorce?
Child support is often a critical part of divorce proceedings, helping to ensure that children continue to receive financial care from both parents. However, there are situations where a court in Pennsylvania may decide not to award child support. Understanding the...
Why would divorcing couples keep the same home?
In most divorce cases where the couple owns a house together, they simply sell that house during property division. Say that you recently filed for divorce. If your house is worth $300,000, you can split it and both you and your ex take $150,000. This makes dividing...
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