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Before people get married, they have a lot to think about. Many couples opt for prenuptial agreements that they sign at least a few months before the wedding. These agreements outline the division of assets and responsibilities in the event of divorce. While they are...
High-asset couples in Pennsylvania typically possess a diverse portfolio of assets. These assets often play a major role in the complexities of divorce proceedings. Jewelry is an asset that may come into play as marital property. Evaluating its worth is necessary for...
Pennsylvania is an equitable distribution state. This means that courts will divide marital property fairly in a divorce. Couples can predetermine the division of assets and liabilities with a prenuptial agreement. Prenuptial agreements can shape the trajectory of a...
Gray divorce, a term referring to the dissolution of a marriage involving individuals over the age of 50, continues to rise. While ending a marriage at any age can be emotionally taxing, gray divorce can present unique financial challenges. 1. Property division In a...
Yahoo Finance reported in 2022 the average inheritance for Americans was $46,200. Despite the amount of inheritance you receive, the chances are good that you want to keep it for yourself in a divorce. In general, inheritances have protection from asset division, but...
Divorces in the U.S. have doubled since the '70s, according to the United Nations. During divorce, couples often face the complex task of dividing their assets, including property. Many wonder when marital property can become separate property. Marital property...
Child custody arrangements serve the best interests of the child. When life circumstances change, you may need to change an existing custody order in Pennsylvania. Reviewing the process of custody modification can help you understand if your case qualifies....
When high-asset couples embark on the journey of divorce, the dispersion of wealth is typically a significant concern. Waste dissipation, where assets mysteriously vanish, is a common issue that can leave one party feeling financially strained. Along with hiding...
A divorce affects various aspects of your life, including your finances. In Pennsylvania, the financial implications of divorce extend to your tax situation. Understanding how divorce affects your taxes helps you make informed decisions during an already challenging...
When many people think of marriage, they envision shared dreams, assets and a life built together. However, life is unpredictable, and circumstances change. While prenuptial agreements made before tying the knot have become more accepted and familiar, postnuptial...