When most couples enter into marriage, they are not thinking about what would happen in the event the marriage does not last. However, since around half of all marriages end in divorce, it is smart to have a plan in place in the event it occurs. Every couple can...
As a parent, your financial obligation does not end once your child turns 18 — at least, not in Pennsylvania. If your teen decides to pursue post-secondary education, both you and his or her other parent have a legal obligation to contribute as much as you feasibly...
As in other states, in Pennsylvania most types of assets and debts that either spouse acquired while married automatically became shared marital property. In addition to physical assets, such as your house, vehicles and valuable personal items, marital property can...
It may feel easy to justify staying together with a spouse for the sake of your kids. Even if you two no longer communicate, the media often portrays divorce as a devastating negative situation for children. However, while divorce is a big change for kids, sometimes...
In many Pennsylvania marriages, one party makes professional or academic sacrifices for the good of his or her partner or family. If you stayed home to raise children or maintain your home while your spouse had a full-time job, you may wonder where you stand...
Divorce can mean you suddenly have more financial responsibility but less income. This startling reality might leave you scrambling for solutions to stay on top of your financial obligations. Knowing how to manage debt after your divorce can help you avoid costly...
Divorce can affect most parts of your life. Even uncontested divorces may lead to claims on your business. Impact Everyone from a business owner to a majority shareholder, board member or CEO should know about and take measures to limit business disruption. These...
The movies and television shows about domestic violence victims usually end when the abuse victim finally leaves. There may be some dramatic “final battle,” but the story usually ends when the victim leaves. Does this mean that leaving stops domestic abuse? Leaving...
Divorce is expensive. Although the divorce rate has decreased in the United States, the median price tag is still $7,000 and the average cost $15-$20,000, not including more money if the divorce is contested or high asset, which can go for months or years. For...
Premarital agreements can be useful tools for couples with a high-net worth. The agreements sometimes evoke a negative response, creating the perception that they only exist to protect the assets of one spouse from being taken by the other. Meanwhile, the other half...
