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property division Archives

Inheritance money can complicate property division

A marital breakup can cause both emotional and financial disarray. One of the most common sources of conflict during a divorce proceeding in Pennsylvania is property division. This is particularly true if one of the spouses has inheritance funds.

Couples divorce, tackle property division at different times

In some marriages in Pennsylvania, couples have irreconcilable differences that eventually drive them to get divorced. Just as every marital situation is different, the times that couples choose to get divorced also differ. In fact, the season of the year may have an impact on a couple's choice to move forward with divorce and tackle potentially contentious issues such as property division.

Property division and Social Security laws affect retirement

For those who are married, entering retirement may seem relatively straightforward, as the couple can simply share in the assets they have accumulated together over the years. Meanwhile, for those going through divorce, the situation is a bit more complex. Not only must they complete equitable property division in Pennsylvania, but  they should be aware of how Social Security benefits are handled for divorced couples.

Refinancing may help one who keeps home after property division

One of the biggest areas of contention for divorcing couples in Pennsylvania is what to do with the family home. In some cases involving property division, a spouse decides to keep the home, while the other spouse keeps more of the rest of the assets instead. For the spouse who keeps the house, refinancing might be a wise move following the divorce proceeding.

Property division may involve splitting of IRA, 401(k)

For those going through a marital split-up, one of the biggest concerns may be retirement. This is particularly true for those getting divorced near retirement age in Pennsylvania. A couple of tips may help with navigating property division when addressing the retirement funds in a 401(k) and/or IRA.

Property division can be tricky for doctors

Doctors and other high-earning professional workers in Pennsylvania may understandably be concerned about what will happen to their practices -- perhaps their most valuable assets -- during the process of getting divorced. For many of them, they have put large amounts of money, time and energy into their businesses. A few tips may help them to approach property division wisely during their divorce proceedings.

Property division begins with valuation

Business owners in Pennsylvania may consider their business ventures to be their largest assets. Thus, battling over businesses during property division is not uncommon. A couple of tips may help with navigating this aspect of a divorce proceeding.

Property division can be tackled through collaborative divorce

The divorce process can take a major emotional and financial toll on the whole family. However, the collaborative divorce process can be helpful for addressing divorce issues with as little conflict as possible. These divorce issues in Pennsylvania range from property division to spousal support.

Property division involving marital home can be challenging

Getting divorced can be both emotionally and financially challenging, especially when two spouses are at odds about how to handle matters such as the distribution of assets. In fact, what to do about the marital home can especially be a major area of contention when it comes to property division. A couple of tips may help with effectively addressing the marital home during a divorce proceeding in Pennsylvania.

Separation, divorce, property division may cause confusion

Ending a marriage in Pennsylvania is hardly an easy and quick process. After all, many ethical and legal factors must be considered, including how to handle property division, for example. From a legal standpoint, a married couple has two options when they determine it is best for them to stop living together: legal separation or divorce.

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