Blog: Family Law
- Create a prenuptial agreement if you intend to marry again
Apr 12, 2021
People who marry again later in life face issues they did not have to confront in their younger years. In the state of Pennsylvania, a prenuptial agreement can address matters associated with accumulated wealth, separate versus marital property, provisions for children of a previous marriage and more. Managing more assets Circumstances change with the years. When people marry in their 20s or 30s, they have much less in the way of assets than they do...Read More - What you must address in a Pennsylvania parenting plan
Mar 30, 2021
When you and your child’s other parent are unable to come to an agreement about parenting time, you may need the state of Pennsylvania to make custody decisions for you. In all contested custody proceedings, the state requires that you submit something called a parenting plan. The parenting plan outlines certain stipulations you and the other parent agree to adhere to when raising your son or daughter in separate homes. The state requires that your...Read More - How will divorce impact my credit?
Dec 29, 2020
Buying a new home or a car may be a top priority of yours after you complete your divorce. To successfully apply for a loan or a mortgage, you will need a good credit score. While it is possible for your divorce to negatively impact your credit, it is by no means inevitable. As Bankrate explains, you affect your credit by the amount of money that you spend. If you make regular payments on personal debts...Read More - What does a parenting plan do?
Nov 2, 2020
A divorce is not something that couples truly believe will happen, and so when it does, the fallout may feel unbearable. When you have children in common, the emotional turmoil is higher for everyone in the household. Divorce with children may result in fighting over what the court deems is the best for the kids. When it comes to negotiations with the other parent, you want to have a handle on the kind of post-divorce...Read More - 3 things to include in your prenuptial agreement
Sep 3, 2020
If you are getting married soon, you and your partner may have plans to create a prenuptial agreement. A recent survey conducted by the American Academy of Matrimonial Lawyers found that of the lawyers polled, 62% had seen the demand for prenuptial agreements rise over the past three years. There are distinctions about what you can and cannot include in a prenuptial agreement. These are a few of the items you can and should include...Read More - Planning for the financial aspects of divorce
Dec 18, 2019
When people in Pennsylvania decide to divorce, they may struggle with the complicated emotional, legal and financial aspects of the end of a marriage. While divorce rates have declined from around half of all marriages to around 39%, separating can be financially devastating, especially for couples who have amassed significant assets. It is important for both parties to understand the family finances comprehensively in order to make sure that they are receiving a fair settlement...Read More - Thinking about divorce from a financial viewpoint
Jun 20, 2019
On Jan. 1, 2019, alimony payments began to receive the same tax treatment as child support payments. This means that the person making the payments doesn’t get a tax break and the recipient doesn’t have to count payments as income. The rule applied to any divorce settlements finalized in Pennsylvania on or after that date. For those who weren’t able to take advantage of the old alimony rules, there are still ways to structure a...Read More - Entrepreneurs may be concerned about divorce
Jun 3, 2019
When business owners in Pennsylvania consider divorce, they may be particularly concerned about how the end of their marriage will affect the future of their business. After all, the economic effects of a divorce can last long after the emotional and practical concerns are resolved. This can be particularly true for entrepreneurs in smaller family businesses when the company itself is part of shared marital property and produces a significant amount of the couple’s joint...Read More - Can I get an annulment in Pennsylvania?
May 2, 2019
It’s understandable to think of divorce and annulment as the same thing. After all, they both lead to the conclusion of a marriage. While this is technically true, an annulment is the voiding of a marriage whereas divorce is the legal dissolution of a marriage. While Pennsylvania recognizes many grounds for divorce, a court may grant an annulment if one of the following is true: One spouse is underage. A court can grant an annulment...Read More - Considerations that are made in child support cases
Apr 23, 2019
The rules that apply to child support in divorce cases are relatively fluid. There is no one-size-fits-all solution. Parents in Pennsylvania who are going through a divorce and have children may want to learn about some of the considerations that are made in most child support cases. Each family has different circumstances, which the courts look at when determining who the children will live with and if it will be necessary for one of the...Read More