Blog: Divorce
- 3 Tips For Financially Recovering After Divorce
Apr 24, 2018
Going through a divorce can result in a devastating financial aftermath. Once you divide all your property, pay your legal fees and start living on a single income, you may struggle to simply make ends meet. When you are in a financial hole after divorce, it may seem impossible to escape. However, do not give in to despair. You can take control of your finances and bounce back. Here is a guide to regaining financial freedo...Read More - Tax Switch In Alimony May Signal Big Changes
Apr 7, 2018
Divorcing spouses in Pennsylvania have long been concerned about the financial implications of the end of their marriage. This is only natural as all of a sudden a family must sustain two households on the money that it previously sustained one with. In addition to simply making ends meet from month to month, there are often tax implications associated with different decisions made during a divorce settlement. USA Today explains that the assignment of alimon...Read More - 3 Tips For Saving Money On Your Divorce
Mar 28, 2018
When you know your marriage is coming to an end, one of the main things you have concerns about is how much it will cost. The financial impact of your divorce does not need to completely destroy you. It is true that it can be quite expensive, but there are plenty of ways to keep the costs minimal. If you have fears about financially surviving your divorce, do not worry. Here are some guidelines yo...Read More - How Alimony Is Determined During A Divorce
Mar 28, 2018
When people get divorced in Pennsylvania, they may wonder how they will support themselves if the other spouse was the breadwinner. In this situation, a court may award alimony so people can continue their current standard of living. Before someone receives alimony, numerous factors are usually considered. FindLaw says that a court typically considers how long a couple was married and the standard of living they maintained. The education someone might need to get a ne...Read More - Preparing For Your Divorce: 3 Financial Tips
Mar 26, 2018
Divorce takes a toll on your emotions. Splitting up is a draining and disheartening thing to go through. It is often difficult to think practically about your finances when you are in the middle of an emotional storm. When you think about all the things you need to handle, you may feel like you will not be able to do it. However, you can effectively manage your personal finances while ending your marriage by following a fe...Read More - Understanding The Factors Behind A Divorce
Feb 23, 2018
When Pennsylvania residents consider divorce, they may think this happens because of a drastic event in the marriage, such as infidelity. However, marriages can end for a number of reasons. Sometimes infidelity does cause a marriage to end. LiveAbout.com says that this situation usually is not the primary problem in a marriage. Most of the time, infidelity is a sign of other problems and is simply the factor that gets to be one thing to...Read More - Divorce When Domestic Abuse Has Occurred
Jan 19, 2018
In September 2016, Pennsylvania Governor Tom Wolf signed a bill making it easier for domestic abuse victims to get a divorce. His office explained that under the new law, unanimously passed by both legislative chambers, a spousal abuse victim can forgo the mandated divorce counseling normally required for divorces if she has obtained a protection from abuse order or if she has suffered personal injury at the hands of her spouse for which he was convicted and/o...Read More - Is Pennsylvania A Community Property State?
Dec 14, 2017
If you are a married Pennsylvania resident contemplating divorce, you probably are wondering how assets accumulated during a marriage are allocated during a divorce. While Pennsylvania is not a community property state, whatever property you and your spouse acquired during your marriage, including all money earned by each of you, is considered to be marital property. This property, however, is not necessarily owned jointly by you and your spouse, nor will it necessarily be divided equally betwee...Read More - Dealing With Hidden Assets In Divorce
Oct 26, 2017
Pennsylvanian residents who go into a divorce are likely not expecting to unearth hidden assets that their spouse has been keeping away from them. Unfortunately, this is the reality that some people may face. In fact, HuffPost shares that the National Endowment for Financial Education reported 2 out of every 3 divorces involve some kind of hidden assets. Huffpost also states that there are many different ways to hide assets when a marriage gets rocky, and that peopl...Read More - How To Get Your Life Back After Divorce
Oct 25, 2017
You may have put so much time and focus into your divorce that you did not consider life after the legal end to your marriage. What should you do next? How do you rebuild your life? Will things get better? These are only a few of the questions you may have. The good news is that divorce is not a final destination, but the beginning of your journey to a new life. Take these step...Read More
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