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Property

May 06

Important Terms to Know as You Prepare for Divorce

Prepare for Divorce

If you are considering or have filed for divorce, or if you anticipate being served with a divorce complaint, you’ll start hearing many terms with which you may not be familiar. Here are some legal terms that you should learn, so that you can meaningfully participate in the proceedings

Discovery

If your divorce is contested in any way—custody, visitation, child support or division of marital debts and assets—the court will most likely identify the length of the “discovery” period, and set some rules governing discovery. “Discovery” is simply the term that lawyers and judges use for gathering evidence. In the American judicial system, we have the concept of “open discovery.” That means that both sides are entitled to access to all evidence related to the case—one party cannot intentionally hide or fail to disclose relevant evidence. If that happens, there’s a significant chance that the court will rule the evidence to be inadmissible.

Equitable Distribution

Equitable distribution refers to a method for allocating the debts and assets of a marriage. For states that follow equitable distribution principles, property and liabilities are divided equitably, or “fairly.” It’s important to understand that “equitable” does not mean “equal.” The court may consider a wide range of factors. For example, in Pennsylvania, the court can examine, among other factor:

  • The duration of the marriage
  • The age and health of both parties
  • The earning power and sources of income of both parties

Spousal Maintenance

Spousal maintenance is just another term for alimony. It can also be referred to as “spousal support.” Though alimony or spousal maintenance is not as common as it used to be, it is still used in specific situations, including where a spouse may lack the skills to be gainfully employed, or may need time to develop those skills or get the requisite education or training.

Contact Us

At the office of Joanne E. Kleiner & Associates, we have more than 25 years of family law experience. We’ll help you stay focused on what matters. To schedule an appointment with an experienced Pennsylvania divorce attorney, contact our office online or call us at 215-886-1266.

Oct 28, 2012

Division of Marital Property in Pennsylvania (PA)

Dividing marital assets and liabilities in a divorce can be a difficult, challenging process wrought with financial concerns and clouded by emotions. It is helpful to understand the property division laws in Pennsylvania, so that you can make wise, sound decisions as you transition into your next phase of life.

Marital assets are divided equitably in Pennsylvania between the two divorcing spouses. This does not mean that assets, property, and liability are divided evenly. It means that they are divided fairly between both spouses. Additionally, the courts in Pennsylvania will take into consideration the contributions, both financial and otherwise by each of the divorcing partners.

Asset Valuation

Asset valuations, or discerning the value of involved assets, are determined in most situations at the time the asset is being divided.

General Points to Consider With Equitable Division

Length of marriage, degree of education, and age of divorcing spouses are all factors that the courts take into account when determining how to divide property. Additionally, the health, ability to earn a living, and the standard of living that has been the status quo of the marriage are all taken into account.

Pensions

Pensions that will be subject to equitable property division include the amount that was acquired during the time of the marriage up to the separation, in most cases. In some cases, disability pensions may not be considered as marital property.

Gifts and Inheritances

Those gifts and/or inheritances that were given specifically to one spouse during the marriage will generally not be subject ot marital division. Again, it will depend on the specifics of your individual situation.

Sacrifice of Spouse

Here the question becomes whether one spouse did give up a potentially lucrative career to support the other spouse in his or her career efforts or to provide a stable home for the children. If one spouse did sacrifice in manners like these, the sacrifice can potentially be compensated for and monetized upon division of property.

Custodial Parent and Children’s Financial Needs

This issue becomes especially important when a divorce involves a special needs child or a child with serious health problems.

Pre-Nuptial Agreements

Agreements like these could have excluded some assets, including a business, from property division.

Marital Misconduct

Although indeed troubling, misconduct does not impact equitable distribution in Pennsylvania.

Talk Your Situation Over With a Family Law Attorney – Abington, PA

In any divorce proceeding, equitable division can become a difficult, upsetting process. Having an experienced family law attorney who knows how to protect your rights and help you understand consequences of your decisions can make a world of difference in how you proceed with your life after the divorce. Contact the Abington law firm of Joanne E. Kleiner & Associates or call (215) 886-1266 to schedule a consultation with an experienced family law attorney. We represent clients throughout Southwestern PA.

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From Our Blog

  • The principle of equitable distribution in a Pennsylvania divorce
  • Divorce and Social Security retirement benefits
  • The effect of a gray divorce on your older children
  • Some tax matters associated with divorce
  • Some losses that divorce might cause

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