Category: Divorce
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How to choose between litigation and an agreed upon settlement
Couples who are getting a divorce may hope to reach an agreement on child custody and property division through negotiation. This means that they face a difficult dilemma if those negotiations falter and they are forced to decide between taking a less satisfactory settlement or proceeding to litigation. Litigation can be stressful, time-consuming, and expensive.…
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Taking taxes into account in a divorce
Once a divorce is finalized, tax filing status will change from married to single or head of household. This is usually based on marital status on the last day of the year. However, there may be a number of more complex issues to consider. For example, if there is a retirement account to divide, a…
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Consider all assets in the property division process
Individuals contemplating divorce may realize that, as part of the property division process, they will need to make a full accounting of their assets and debts. In their initial thoughts about property division, most people think of their primary assets: their home, bank accounts and vehicles. However, there are many more assets that will be…
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An overview of joint custody
Of all the complicated issues that are involved in a divorce case, child custody is one of the most critical. After all, even if a happy marriage is no longer realistic, the couple will be forever bound together as parents of their children. That means they must attempt to reach an arrangement that works for…
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Are “millennials” taking a different approach to divorce?
There are millions of people in America who belong to the “millennial” generation. These individuals—typically categorized as those who were born between 1980 and 2000—have influenced quite a few different aspects of American society, from how we communicate with one another to how we work and form relationships. Are millennials are taking a different approach…
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How can you protect a business in a divorce?
Most married couples bring their own assets and debts into their relationship. For example, it is not uncommon these days for people to have thousands of dollars in student loan debt by the age of 22. Conversely, there are times when an inheritance from a relative will unexpectedly boost financial security. These types of unique…
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Telling social media about your divorce
In a world where we are increasingly learning more about the people that we don’t see rather than the people we do, it seems logical to share about your divorce on social media. But while your friends may care about what you are going through, when you are still in the process of getting a…
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3 tips for successful co-parenting after divorce
Divorce is a difficult and emotionally trying event for anyone, but parents have an especially complicated set of challenges. Not only do parents have to find ways to manage their own stress and emotional well-being, they also must consider the needs of their children and adapt appropriately based on the children’s ages and circumstances. Following…
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Points to keep in mind if you are facing a “gray” divorce
Divorce after the age of 50—so-called “gray” divorce—is no longer an attention-getter among friends, family and co-workers. It is much more common now than it was even a decade ago. The issues you face now are going to be different than they would be for a younger person. Here then are five points to keep…
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Getting a fair deal in property division during a divorce
Among the variety of issues that must be addressed in a divorce case in Pennsylvania, property division is the most likely to have a long-term impact on a person’s financial security. After all, for most married couples, working together toward greater financial security is one of the main goals in life, particularly nowadays when both…