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 favorable divorce settlement.
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 income. However, there are some things that business owners can keep in mind to help them emerge from the divorce process.
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.
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.
Generally, it is not possible to directly modify a prenuptial agreement, or PNA, during a divorce. However, it may be possible to change certain agreed-upon instruments with the aid of a legal document called a postnuptial agreement. By securing the representation of a Pennsylvania attorney who has knowledge of family law, a person may gain a better chance of resolving problems stemming from onerous or unfair PNAs.
For people in Pennsylvania, the explosion in popularity of DNA testing has led to increasingly common scientific validation of paternity and other familial relationships. The precision and growing affordability of DNA tests has made paternity tests more common, and they are frequently used in the courtroom when addressing child support and custody issues. This is especially true when the parents are unmarried, or there is a dispute about parentage In some cases, DNA tests are even required to make a firm legal order of paternity.
For many, this time of year involves buying gifts and other kinds of holiday spending. Such spending can have the potential to be a point of contention within a married couple. Recent surveys suggest that many individuals here in the U.S. aren’t very forthright with their spouse when it comes to such spending.
Most of us know that money or employment can influence whether couples get divorced. We've also all heard the popular theory that children of divorce oftentimes get divorced.
More Millennials - specifically women - are sitting down with their fiancés and choosing to establish a prenuptial agreement before saying, "I do." While many may be inclined to connect the rise of the prenup to high divorce rates, recent studies may indicate that prenups are not a prophecy for divorce.
Marriage usually feels like forever. But marriages end every day, and it is in your best interest to be as prepared as possible.