Prenuptial agreements are often portrayed as a sign of mistrust between partners, but that’s far from the truth. Prenuptial agreements are useful legal tools that have practical benefits and safeguard both spouses. Outlined below are some of the key benefits of...
Property Division
How are high-asset divorces different?
Due to the significant wealth and financial intricacies, high-asset divorces are more complex than typical divorces. The stakes are higher, and the process requires careful consideration of multiple factors. Here are some ways high-asset divorces differ from standard...
Do you need to divide an inheritance during your divorce?
Getting divorced means that it is time for you and your partner to split up your assets. Generally, you need to divide marital assets that you acquired during the relationship, but you each get to keep separate assets that you owned before that relationship. In some...
What is an equitable distribution of assets?
The legal principle known as "equitable distribution" refers to a fair allocation of assets and property accumulated during a marriage. Because Pennsylvania is an equitable distribution state, a judge employs this standard when determining how to divide assets in a...
Wealth preservation strategies in a high-asset divorce
Significant wealth can be a blessing or a burden. While it can make for a comfortable married life, it can also become a complex challenge in a high-asset divorce when emotional disputes come into the mix. As divorcing couples in Pennsylvania deal with equitably...
Should I freeze assets during a divorce?
Divorce is tricky, and the process can be extra daunting if you end the marriage on a bad note. And in cases like this, it can be difficult to trust your spouse while the divorce is ongoing. You have to protect your rights, including rights over your share of the...
Things to consider when high assets are at stake in a divorce
When you and your spouse have thriving careers and businesses, you are able to build a comfortable life together. You accumulate valuable assets and property together. Therefore, divorcing couples will find that one of the most significant adjustments they will...
Most couples can benefit from creating a prenuptial agreement
No couple enters a marriage assuming that the union will end at some point in the future. However, divorce is common, and it is always beneficial to consider having protections in place in case the unexpected happens. One way that you can protect yourself and gain...
Watch out for financial accounts during property division
Considering one’s finances is an important part of making any decision about the future -- including during divorce. Property division is not always as clear cut as it seems, though. The process may feel dominated by tangible assets, such as houses, vehicles and home...
Keep an eye out for commingled assets
The accumulation of marital assets can be quite substantial, especially for Pennsylvania couples who have been married for several years or even decades. Dividing these assets can be challenging in even the best of situations. Commingled assets often further...
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