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...
Property Division
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...
Don’t forget these issues during asset division
While there certainly are many emotional issues to deal with during a divorce, the legal process is mostly concerned with the well-being of any children involved and the financial aspects of the marriage. Fairly dividing those assets and liabilities often means the...
If your spouse wants to split, it’s time to protect yourself
At the start of a new year, it is not unusual for unhappy spouses to decide on a fresh start and file for divorce. If your spouse has announced his or her intention to take this step, you can assume he or she has already been thinking about it and perhaps making...
Being honest with your lawyer is crucial in a high-asset divorce
A divorce involving wealth or substantial assets is quite complicated. Aside from matters centered on children of the marriage, financial issues remain a major focus for both parties. Those who are about to enter a high-asset divorce often believe the process will be...
How to handle a small business during divorce
Allentown plays host to a vast array of small businesses, from dance studios and bike shops to theaters and landscapers. These businesses strengthen local economies and add diversity to communities across the Lehigh Valley. For the people that own these businesses,...
Divorce and student loan debt: Who pays it in Pennsylvania?
You met in college, married and settled down in Pennsylvania. Your spouse decided to go back to school and obtain an MBA – an expensive proposition that required a series of large student loans. And a few years later, with those student loans still having balances,...
Planning for divorce as a married entrepreneur
Business owners tend to believe in the future. Somehow, there will be customers, suppliers, employees and capital long enough to sustain the business, at least until the owner (or their heirs) retire. Planning for a possible divorce may seem pessimistic, but it is...
5 tips to uncover hidden assets in a divorce
When divorce becomes a reality, both parties will likely move to protect their finances and future security. Fortunately, there are numerous steps that can be taken to uncover these hidden assets in an effort to ensure the property, asset and debt division is as...
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