February 3, 2020

How People Can Hide Money in a Divorce

In today’s day and age hiding money and valuable assets away can be very difficult but not completely impossible. There are many ways people can try and hide money from their significant other. When facing a divorce equitable distribution can be an over whelming thought. When it comes to monitoring assets, its important to keep […]

Dividing a Business During a Divorce in Pennsylvania

Dividing a business during a divorce in Pennsylvania can bring about a certain set of specific challenges. If the business is a small and both parties are involved with the business, it many times can feel like you are going through a second divorce. Fortunately, there are efficient ways to go about handling this difficult […]

January 27, 2016

Divorce Financial Disclosures

A key issue at the commencement of a divorce proceeding is accounting for the assets acquired and the debts accumulated by a couple during the course of a marriage. Although divorce laws do vary somewhat from one U.S. state to another, overall these statutes are remarkably similar. For example, all state laws, including Pennsylvania, have […]

December 24, 2015

Prenuptial Agreement Benefits

A prenuptial agreement is a contract between two individuals who intend to marry. A prenup is designed to clarify financial issues in the event that the marriage fails. There a number of primary prenuptial agreement benefits. Protect Rights in a Divorce One of the prenuptial agreement benefits is that the contract protects the rights of […]

November 27, 2015

Marital Debt and Divorce

Many divorcing couples spend a good amount of time arguing over marital debt. Indeed, oftentimes marital debt proves to be the underlying reason a couple seeks to divorce in the first instance. A person interested in ending a marriage must have a basic understanding of matters associated with marital debt. Definition of Marital Debt Marital […]

November 26, 2015

Real Estate and Divorce

Dividing property, including real estate, tends to be a hot topic in a typical Pennsylvania divorce case. A number of different legal requirements and considerations come into play when real estate is involved in a divorce proceeding. Marital Real Estate Legally speaking, the only real estate subject to division in a divorce case is what […]

February 16, 2014

Financial Dishonesty in Divorce

Dealing with “financial infidelity” during the divorce process By now, most of Bucks County has spent a lot of time snowed in with their significant other. Valentine’s Day is approaching and our government just raised the debt ceiling – again. At the moment, conditions are not favorable for struggling marriages and recent survey data shows […]

December 4, 2013

The True Cost of Separation without Divorce

How long-term separations can be more expensive than divorce With divorce comes a lot of intimidating decisions. The prospect of sorting out custody, support, alimony, and division of property can lead many couples to detach from their marriage and walk away. Rather than officially address each major issue, these couples have the best intentions to […]

November 8, 2013

Selling the Marital Home in PA: Tax Exemptions

What to think about before listing the marital home for sale Among the many important decisions you and your spouse will have to make during your divorce, dividing marital assets is surely one of the top priorities. Both parties have much to gain or lose from this transaction, and lately, the economy has been causing […]

October 24, 2013

What happens to inheritance in divorce?

Defining and distributing inheritance in divorce   Divorce clients often fear complete loss or reduction of their inheritance during equitable distribution. The question as to whether or not this asset is a marital property may change the conditions surrounding the inheritance and its role in the divorce. Determining whether or not an inheritance is marital […]

September 25, 2013

Withdrawing Funds from Shared Accounts in a Divorce

How to finance divorce with shared accounts It is no secret that filing for divorce costs money, and hiring legal counsel requires the payment of a retainer fee. Individuals considering divorce often grapple with how to approach gathering the money to proceed. The timing, the amount, and whether or not to discuss the withdrawal depends […]

September 4, 2013

Understanding Common Law Marriage in Pennsylvania

Does your relationship constitute as marriage? Many misconceptions and myths exist about common law marriage.  Difficult to understand and even harder to define, the state of Pennsylvania no longer recognizes common law marriage.  For couples curious if they qualify as “married” under common law, consider it a moot subject if you started dating after January […]

July 17, 2013

Five Mistakes to Avoid During Your Divorce

We compiled a small list to help you navigate through this tough time in your life. Researching finances, understanding marital and non-marital property, as well as choosing the right attorney can change the course of your divorce action. 1. Research your money Don’t just skim over your checking account; delve into all the dark and […]

June 29, 2013

Divorce Settlements – Possible or not?

Divorce Settlement Initially, some couples consider entering their own negotiations toward a settlement. Hoping to streamline the process and avoid litigation or attorney’s fees, couples assume they know their own situation well enough to divvy things up and move on Overall, the goal should be to consider your immediate situation, and plan for the future. […]

February 20, 2013

New Philadelphia AVI | Appeal your tax assessment

The city’s new property tax assessments are going to save one neighbor a lot of money and increase another’s just as much, if not more.  The bottom line is that there is very little uniformity with this system.  This new system is known as the Actual Value Initiative and assessments are based on 100% of […]

Risky Business | Bad Investments’ Affect on Property Division

Unfortunately, many divorces contain unsettling news when it comes to property division.  Poor decision making about finances can affect how the Courts divide a couple’s property in divorce proceedings.  However, one party losing marital funds during the marriage does not alone warrant an unequal property division. Under 23 Pa.C.S.A. ß 3502(a) of the Divorce Code, […]

February 19, 2013

Phila Tax Hikes | Conducting a Tax Assessment Appeal

  This is just one example of the tax hikes. The Philadelphia tax hikes are hitting everyone hard – some people have contacted our office with astounding new figures that they just can’t believe. With the mathematics and realistic values of these properties, we wonder where the owner will come up with the difference of […]

February 9, 2013

Know Your Social Security Benefits after Divorce

Are you not receiving Social Security benefits?  Are you are present divorced? Was your prior marriage lasted for at least 10 years? Are you 62 years old?     Do you remain unmarried? If your answers to the above questions are YES, this is the right time for you to review your Social Security benefits. You […]

CraftMaster Real Property Tax Assessment Appeal… Granted!

CraftMaster Real Property Tax Assessment appeal was granted. In 2012, Bradford County cut its tax assessment by 14.7 percent. CraftMaster Manufacturing, Inc. was earlier assessed with $3.90 million Real Property Tax, but was reduced to $3.33 million. The reduced Real Property Tax Assessment was the result of an out-of-court settlement between Bradford County and CraftMaster.  (2012) […]