Ending a marriage often raises difficult financial questions. One major concern is what happens to property and other assets accumulated during the relationship. If you are preparing for divorce and want to understand your financial position, learning how courts...
Property Division
What happens to your intellectual property patent post-divorce?
Your career as an engineer or researcher revolves around pouring your expertise into a breakthrough. After years of work, you have patent rights to an invention or process. But as you navigate a divorce in Pennsylvania, you wonder: Is the intellectual property (IP)...
Solutions for vacation homes during divorce
Beach houses, hunting cabins and other properties only intended for part-time use can be investments and sources of pleasant memories for everyone in a family. However, they can also become complicating elements if the owners divorce. Vacation homes do not necessarily...
Prepare your finances for life after your divorce
Divorce is a time of major change, and some of those changes reshape your financial life in long-lasting ways. These changes start when the divorce is filed, but they often don't finish until well after the legal process is finished. Planning for life after divorce...
Is a pension at risk of division during a divorce?
Workplace benefits are among the various forms of income that spouses usually share. If one spouse has better health insurance options than the other, they can both enroll in most cases. Other benefits can also help improve the standard of living for the couple....
What does it mean to commingle marital assets?
When it comes to asset division during a divorce, one of the first steps to take is to determine which ones count as marital assets and which count as separate assets. Separate assets are usually owned individually, so they just stay with the owner. Marital assets are...
How dividing luxury cars can become a legal minefield
Divorce is complex, not only emotionally but also financially. One of the most challenging aspects is dividing high-value assets, such as luxury cars. When you and your lawyer discuss asset division, few items generate more legal and financial tension than luxury...
What are the options for a family business during a divorce?
Some couples decide that they’re going to start a family business. Those businesses take considerable time, effort and money. They are often beneficial for the family, but they can become a source of contention if the owners decide to divorce. Divorce is difficult on...
Does divorce force people to split their 401(k)s?
Spouses thinking about divorce typically have a lot of questions about the process ahead. They aren't sure about their rights or obligations. They may worry about the cost involved and the impact of dividing their assets. People want to retain their most valuable...
Does cheating affect property division in a divorce?
If infidelity played a part in the breakdown of your marriage, you might wonder if it will affect how you will divide marital assets. Will the court hold them accountable for what happened? Here is what you need to know. Pennsylvania divorce courts do not ‘punish’ a...
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