Divorce is rarely easy, especially when substantial assets are in the mix. The urge to protect what you believe is rightfully yours is understandable. Still, attempting to hide assets can lead to severe legal and financial repercussions that ultimately harm both...
divorce
Is it possible to untangle commingled assets in Pennsylvania?
Couples often mix their personal property during marriage. This mixing, called commingling assets, is common when you think your marriage will last forever. But what happens if you divorce? Understanding how to separate these assets is key to avoiding complications...
3 ways to protect your business during a high-asset divorce
Divorce can be an overwhelming experience, especially when substantial assets are involved. For business owners, the stakes are even higher. Protecting your business during a high-asset divorce in Pennsylvania requires careful planning and strategic action. Here are...
What happens to the family home during divorce?
Dividing property can be an arduous step of the divorce process, mainly if you and your former spouse have contradicting opinions on what to do about the assets you own together. Out of everything you have, you may have specific properties that hold significant...
The crucial role of business valuation in high-asset divorces
When it comes to high-asset divorce, one of the most complex issues is business valuation. A business can be the most valuable asset of a couple, and determining its worth is critical in dividing marital property fairly. However, business valuation is an intricate...
Why is a prenup necessary for couples?
A prenuptial agreement helps you safeguard your future after you get married. In marriages between couples with valuable assets, prenups can serve as a financial safety net. They protect assets, set clear expectations and may even save relationships. While nobody...
What happens to international assets after a divorce?
High-asset divorces can be complex. Couples with significant wealth may own properties abroad, hold foreign bank accounts or invest in international markets. This can complicate the division as it may involve foreign judgments and international laws. Are international...
How do you find hidden assets during a divorce?
The division of a separating couple’s assets during a divorce can be contentious, regardless of the money or assets at stake. Dividing up the vehicles, homes, accounts and other properties can be painful and may bring out negative characteristics. One party might want...
Inherited wealth in high-asset divorce
In high-asset divorces in Pennsylvania, inherited wealth can become a contentious issue. Understanding how the courts handle inherited assets can help protect your financial interests. Classification of inherited wealth In Pennsylvania, inherited wealth is typically...
Evaluating the value of real estate in high-asset divorces
In high-asset divorces, particularly among high-net-worth individuals in Pennsylvania, real estate may represent a significant portion of the marital assets. Properly evaluating these properties is an important part of the process to ensure a fair distribution....