Blog: Divorce
- 3 Different Ways To Get A Divorce
Aug 2, 2017
When you think of divorce, the image that probably pops into your mind is that of two hostile people battling it out in court. While this certainly is a common scenario, it is not the only way in which you can get a divorce. In addition to litigation, you also have the choices of negotiation, collaboration and mediation. Knowing the differences between these can help you determine which approach is right for your circumstances. Negotiation and collaboratio...Read More - 3 Tips For Protecting Your Retirement Assets During Divorce
Aug 1, 2017
Divorce has a profound impact on both your emotions and finances. While you are likely prepared to divide physical property such as the house and car, have you thought about your retirement assets? If you have not yet prepared, it is time to get smart about your retirement plans. If you take some proactive steps, you can get through your divorce with as much of your retirement intact as possible. Here are the top three ways to protec...Read More - These Jobs Have The Most Divorces
Jul 17, 2017
Work is a large part of most people’s lives, and couples across Pennsylvania know that the career path they choose can impact other parts of their lives, including their marriages. A recent study used data from the U.S. Census Bureau to measure which jobs had the highest divorce rates for people by age 30. The study was conducted by Zippia, who was interested to see how different occupations measured up against one another when it came t...Read More - The Rise Of Gray Divorce
Jul 9, 2017
While divorce can be complicated no matter how long a couple is together, as those who divorce in their older age will find, there are specific concerns those over 50 will face that may not be at the top of mind for their younger counterparts. Gray divorce, or couples ending their marriage after age 50, is on the rise, according to the Pittsburgh Post-Gazette, and a quarter of those seeking divorces in 2010 fell into the gra...Read More - How To Divide Retirement Assets During Divorce
Jul 5, 2017
Dividing property and money during divorce can be daunting. You must not forget about the proceeds of your retirement plan. Your retirement account may hold a significant amount of wealth. Separating your retirement funds requires careful consideration and a unique process of obtaining a qualified domestic relations order (QDRO). If you do not divide your retirement plan properly, you may face serious tax consequences. Keep reading for a quick guide to dividing your retirement assets with ...Read More - Getting Along For The Children’s Health
Jun 30, 2017
As any divorcing couple in Pennsylvania knows, trying to get along for one another through the feelings of frustration, anger and sadness that often accompany a divorce is no small feat. But new studies show that going through the stressful and acrimonious divorce of parents can have lasting effects on the health of the children–reaching into adulthood. As HealthDay News reports, researchers at Carnegie Mellon studied 200 healthy adults to see how they would react when exposed to ...Read More - Uncovering Hidden Assets During Divorce
Jun 28, 2017
A strong, successful marriage is often based on mutual trust, and once that trust starts to dissipate, it can be hard to find it again. If you have lost trust in your spouse and believe that he or she may be trying to conceal assets ahead of an upcoming divorce, performing your due diligence can help ensure you get your fair share when the day comes. Hiding assets is becoming increasingly difficult, given today’s moder...Read More - Shorter Separation Period For No-Fault Divorces
May 1, 2017
Couples facing divorce know the stress and anger that can put a strain on families, and a new Pennsylvania law has reduced the amount of time it takes for some couples to divorce. The law, according to ABC 27 News, will cut the waiting period in half for couples in a no-fault divorce where one spouse does not agree with the divorce. This means a separation will now be required for one year before the spouse favorin...Read More - Using a QDRO
Apr 20, 2017
When divorcing, among the many types of assets that Pennsylvania residents may be splitting are retirement accounts. However, when dividing up retirement assets, some special care may be required in order to avoid paying high taxes or early withdrawal fees. Depending on the type of account being split, a qualified domestic relations order may be needed. As explained by the United States Department of Labor, retirement accounts that are employer sponsored like 401K accounts may need t...Read More - Woman Sues For Court To Enforce Separation Agreement
Apr 14, 2017
Divorcing couples in Media are typically encouraged to reach an amicable agreement regarding the dissolution of their marriages. If they are able to do so, they may be able to avoid having their proceedings heard in court, thus shortening the time needed to resolve their issues and formally end their marriages. However, any accords made in a separation agreement achieved through collaboration become legally binding once that agreement is signed. Any attempts by either side to no...Read More
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