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...
Property Division
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...
A divorce can have your retirement lacking benefits
Retirement accounts in divorce You worked hard to get where you are, and it seems like you’ve been planning for retirement for most of your life. But you never thought you’d be getting a divorce, and now your retirement could be in jeopardy. Any property that you earn...
How do you keep the family home after divorce?
When you go through a divorce, your life and the lives of your children can change dramatically. While you can’t control everything that changes, you may want to keep as much stability as possible by keeping the family home. However, as you and your spouse go through...
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