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Category Archives: Equitable Distribution
One of the biggest issues divorcing couples face is the division of assets, which is done in a process called Equitable Distribution. When a family business is involved, dividing assets can be even more complicated. If both you and your ex are involved in a family business, how do you determine what share each person […]
Divorce proceedings, including equitable distribution, can be complicated. While there are many components involved in the resolution of a divorce, alimony is one of the main areas of discussion. The importance given to the topic is justified as it’s something that can have an impact on each spouse involved. If you have earned or are […]
Marital Property is a property interest acquired between the date of marriage and final separation of husband and wife. Property is marital regardless of whether it is held in joint or individual names if acquired during this time period, unless it was acquired in exchange for pre-marital, gift or inherited property (non-marital or separate property). […]
While divorce between couples with low- to mid-level wealth is focused on ending the partnership peacefully, high net worth individuals (HNWIs) must evaluate the effect of a divorce on accumulated wealth through self-owned business operations. If both parties within the marriage contributed to the revenue from operations or growth of the business, the business is […]
Divorces are never easy or pleasant. The old saying “choose your battles” has never been more salient than in the context of a divorce proceeding. Therefore, the first consideration for any person going through a divorce, especially one in which substantial assets are involved, is the cost associated with achieving your legal objectives; both emotionally […]
The Pennsylvania Divorce Code provides for Equitable Distribution of Marital Property. What does this mean? Marital Property is a property interest acquired between the date of marriage and final separation of husband and wife. Property is marital regardless of whether it is held in joint or individual names if acquired during this time period, unless […]