The boundary between marital assets and separate property can sometimes be blurred, further complicating a divorce, according to an article in Kiplinger. The longer you’ve been married, and the more money you have, the more likely you will need to do your due diligence to protect your assets. “Marital property” is anything that is earned […]
Taking certain steps to safeguard your financial footing during a divorce is important, and a recent article in Real Simple details some common mistakes to avoid to protect your cash, assets, real estate and retirement. Don’t wait to assemble a support team. You can’t do it all yourself. A divorce attorney and other experts – […]
The prenuptial agreement, or “prenup,” which has traditionally been used to protect a family’s wealth, is changing these days due to millennials choosing this option for new and creative protections, according to an article in the Wall Street Journal. From social media restrictions to student loan debt, the new prenups address situations that may not […]
While the pandemic has been the nucleus for quite a few unpleasant side effects this year, one thing is clear: divorce was on the rise in 2020. According to a recent article in PsychologyToday.com, one legal form website saw a 34% increase in divorce agreement sales in summer 2020 as compared to summer 2019. Additionally, […]
Figuring out child support payments where high-income parents are involved now requires more than a calculation based on each parent’s income. The Pennsylvania Supreme Court has ruled that the children’s reasonable needs have to be considered. Otherwise, support orders that are wildly out of proportion can result. The recent ruling came in a case where […]
