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August 2013 Archives

Factors for Equitable Distribution in Pennsylvania

What factors does the Court consider when determining Equitable Distribution in Pennsylvania?  Now that you know what makes up marital property, the next question is: "How will the marital property be divided up between us?" In Pennsylvania, there will not necessarily be an even 50/50 split right down the middle. In Pennsylvania, the court relies on equitable distribution. The judge divides up the property based on what is the fair and equitable under all of the facts and circumstances. It could be 60/40, it could be 80/20 - there is no bright line for dividing up the marital property.

Equitable Distribution in PA: So what exactly are we dividing up?

Equitable Distribution in Pennsylvania: So what exactly are we dividing up? One of the first questions our new divorce clients ask is: "What property will my ex be able to claim in court?" What will you and your spouse be dividing up as you go through your divorce? Who gets the house? The stocks? The furniture? The motorcycles? The dog?

Why do I need a will in Pennsylvania?

Why do I need a will ?  In Pennsylvania, every person should have a will no matter how small or large your estate is.  As we all know, there are two things in this life that are certain: death and taxes. Planning for your demise is something that you probably do not want to do, but it something that everyone should do. A will is one of the only documents that is enforceable after you die and it dictates how your assets will be distributed upon your death. It can also save your estate in taxes after you pass.  Proper estate planning is crucial.