When couples divorce in Pennsylvania, many often underestimate the complexity of their marital estate. As an equitable distribution state, Pennsylvania courts generally divide property based on what is fair, and it is not always an even split. While some assets are...
Divorce
Handling deferred compensation in a Pennsylvania divorce
You worked hard to build your career. Now, you face the complexities of a Pennsylvania divorce. For many high-earning professionals like physicians, engineers and executives financial security goes beyond bank accounts. It often rests on deferred compensation plans,...
3 considerations when telling your spouse you want to divorce
If you have decided to end your marriage, you’ll need to inform your spouse - that’s if you haven’t already reached this conclusion together. There is no one right way to do this, and no guarantee it will be easy or go well. There are, however, things you can consider...
What happens to a tax refund during a divorce?
A tax refund is often a critical resource during a divorce. But before either spouse spends it, you need to know whether the money belongs to one person or the marital estate. In Pennsylvania, a refund tied to income earned before final separation generally becomes...
How are stock options and RSUs divided in a Pennsylvania divorce?
If you are a professional in a field like medicine or engineering, your compensation package probably includes more than just a base salary. In a Pennsylvania divorce, assets like stock options and Restricted Stock Units (RSUs) add complexity because their value...
Why divorce can be more complex for physicians
If you are a doctor going through a divorce, you are often balancing more than most. A demanding career, complex finances and long-term choices all come into play at once. The law in Pennsylvania applies equally to everyone. However, in practice, a physician's divorce...
Dissipating assets prior to divorce
People who are going through a high-asset divorce are often worried that their spouse is going to try to hide assets. It may be a contentious divorce, and they are concerned that their spouse will try to keep important assets out of property division by giving them...
Why do spouses facing high-asset divorces set valuation dates?
Property division is a necessary component of most divorces. Unless spouses already have a legal agreement in place regarding the distribution of their assets and responsibility for their debts, they have to make those decisions during the divorce process. The more...
Tips for planning to leave an abusive marriage
Being in an abusive marriage often becomes a lesson in survival. There are times when leaving becomes an emergency, such as if there is physical abuse present. For some people, the abuse isn’t physical, so they may decide that they have time to plan their escape. One...
Why are children easily neglected during high-asset divorces?
Divorce is often a painful and complex process, but when large amounts of wealth and property are involved, emotions and priorities can become even more tangled. In these situations, it’s easy for attention to shift from the family’s emotional well-being to the...
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