Michael E. Eisenberg
Call us to discuss your legal options. P 267-722-8383

Posts tagged "Divorce"

The role of money in a divorce

Pennsylvania residents who are married for the first time have a roughly 50/50 chance that it will last forever. The odds of success are lower for second and subsequent marriages. However, there may be compelling financial reasons to avoid a divorce if possible. For instance, married couples who own a home will need to figure out what to do with it. While a person could keep the home, it can be hard to maintain it on one income.

Managing divorce with new tax rules in mind

Starting at the beginning of 2019, couples filing for divorce in Pennsylvania and throughout the rest of the United States will have to do so with tax rule changes in mind, particularly if spousal support will be involved. This is happening because the Tax Cuts and Jobs Act (TCJA) changes how alimony is handled for tax purposes. Under the new law, alimony will not be tax-deductible for the payor, and the recipient won't be required to report it as taxable income.

When financial deceit threatens your future

Nearly all spouses keep some kind of financial secrets from their partners. This deception may be something small like a splurge at the mall or something embarrassing like credit card debt. In some cases, however, a spouse may hide income, assets or spending habits that may affect the welfare of the family or the level of trust the couple shares.

Divorce déjà vu: The end of your second marriage

After your first marriage ended, you may have resolved to make the next one work. You learned from your mistakes, and you were confident you would not repeat them. Like many who remarry, you may have hoped you found the perfect partner this time. The first divorce probably made you painfully aware of every flaw in your spouse, and you thought your new partner might be different.

Heading for divorce? Keep your finances a priority

Getting married often means joining far more than just surnames. Property, bank accounts, debts and other important financial assets usually become intertwined in extremely intimate ways, and legally untangling them is not always easy. Couples in Pennsylvania might be hesitant to end their marriages because of the possible financial implications of divorce, but most people can successfully divorce while maintaining their own financial stability.

Do you know what your marital assets are during a divorce?

Most couples go into marriage thinking of it as an expression of love. Marriage is also an enormous legal and financial commitment. This is typically never as self-evident as during divorce, when Pennsylvania couples must untangle assets and finances that have been combined over the years.

What's more likely to influence a divorce, money or employment?

Financial strain is commonly blamed for unsuccessful marriages, but is the data really there to back up that claim? One researcher suspected that there was likely more to it than that and set out to understand the sociological influences for the average divorce. The findings might not fall in line with what some Pennsylvania couples believe to be true.

Email Us For a Response

How Can We Help You?

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Michael E. Eisenberg Attorney At Law

2935 Byberry Road Suite 107
Hatboro, PA 19040

Toll Free: 800-851-2534
Phone: 267-728-4535
Phone: 267-722-8383
Fax: 267-722-8374
Hatboro Law Office Map

1581 Main St.,
Suite 200
Warrington, PA 18976

Toll Free: 800-851-2534
Phone: 267-728-4535
Map & Directions