Determining how your divorce will go is just the first step when your marriage ends. If you’re a parent, you also have to plan for what life will look like after that divorce, as you share custody of your children. After all, shared custody is the preference of the...
Divorce
What does it mean to commingle assets?
Some assets are intended to remain separate, even with married couples. In a divorce, this means that only one person has a claim to that asset and they do not have to split it with the other while dividing up what they own. Perhaps the most common example is an...
What will happen to your business during a divorce?
Owning and running your own business, whether you operate a local retail store or have a private practice, like a medical office, likely takes up a lot of your time. Building a business also requires substantial investments. From equipment and merchandise to a space...
How to do what is best for your children after divorce
Divorce can be the best decision for couples to move forward in their lives. While it gives families the chance to start a new life, it can also pose a severe threat to the development of your children. How you choose to behave in your divorce around your children...
Will you get some of your ex’s retirement account in a divorce?
The longer your marriage has lasted, the more financially dependent you may be on your spouse. Couples typically commingle all of their assets and income. In many families, one spouse may put more of a focus on the family than on their career by staying home or only...
How hidden wealth in the family apple farm could affect divorce
Farmers feed America and contribute quite a bit to the Pennsylvania economy. Some people wind up in agriculture because it is their family industry. Their parents, grandparents and even siblings may also play a role on the farm. Other times, people choose farming as a...
Investment accounts can keep growing after divorce
When you split your assets during a divorce, some may have a simple value you can divide. But with accounts that could grow, you may worry how a split affects your future wealth. Giving up a share of investment or retirement accounts now would mean you miss out on...
Divorce and the family home
For many Pennsylvania residents, a home may be one of the most valuable assets they obtain while they are married. If a divorce occurs, the same home can be a source of contention. Before making a final decision during a divorce about what should happen to the family...
Income disparities between spouses influence chances of divorce
Despite advances for women in the workplace, most people in Pennsylvania tend to hold traditional views about husbands being the breadwinners of their families. A study published in 2016 concluded that the risk of divorce increased by 33% when the husband lacked a...
Common problems that lead to divorce
Divorce is not always caused by huge indiscretions or big problems. Instead, there are several "less serious" issues and personality traits that commonly cause Pennsylvania couples to split. For example, emotional baggage from the past can unintentionally hurt a...