Pennsylvania has certain laws that help determine who gets what during a divorce. Though these issues can be less problematic for those with fewer assets, if you have a lot of assets they can create some unique hurdles.
It is probably technically and legally possible to own and run a business in partnership with your ex-spouse. As long as he or she could legally sign a partnership contract or assume ownership of an LLC or corporation, then you could continue to be partners in business after the end of your marriage.
When you make the decision to get divorced from your spouse in Pennsylvania, chances are one of your first concerns is securing your finances and preparing for a future as an independent person. Because your finances can undoubtedly be shaken from the process of separating from someone you shared money with for a length of time, it is imperative that you begin making preparations right away so you can work to rebuild your financial foundation.
As you enter into your divorce proceedings in Wyomissing, you may already be planning on being rewarded alimony due to your ex-spouse being in a better financial position than you are. Many that we here at Huckabee Weiler & Levengood, P.C. have the same expectation, yet are later disappointed to learn that simply not making as much money as their ex-spouse does not automatically qualify one for alimony. Spousal support is not meant to punish one for being more economically advantaged than their ex-spouse; rather, it is intended to only be a temporary source of assistance until one side of a divorced couple can enjoy the same standard of living achieved during the marriage.
Pennsylvanian residents have numerous options available to them when it comes to calling it quits with a significant other. Today, we will take a look at two: uncontested and contested divorces. Each one can benefit different couples in unique ways, though they also have their own drawbacks.
For many decades now, countless divorces in Pennsylvania have been finalized in which one spouse was ordered to pay alimony to the other spouse. These payments are often regarded as a support to the person who has a lower income and designed to allow them time to transition to being able to fully provide for themselves financially after the divorce.
As someone currently making your way through a Pennsylvania divorce, you are probably experiencing considerable upheaval in your life, and your separation may affect everything from where you live to how often you see your children. While there are numerous matters you and your soon-to-be-former spouse will need to work through, one of the more significant matters you will need to address will involve what is going to happen to your shared home.
If you are getting a divorce in Pennsylvania, one of the most trying parts of the process is dealing with your marital assets. You will need to split them between you and your spouse. If you fail to come to an agreement, the court will divide your assets. While many times, the process goes smoothly, there are sometimes when a spouse tries to hide assets. Knowing the signs of this beforehand can help you to uncover if your spouse is trying to hide away money so you do not get your fair share.
In the universe of divorce options, arbitration stands in the middle between court litigation and mediation. It bears some resemblance to both choices but is not quite the same as either one. With arbitration, you can expect greater control over your divorce proceeding than you would in a Pennsylvania court, but less than you would with mediation. If you are exploring divorce arbitration as an option, you may also wonder if you should hire an attorney to help you through the process.
Not all divorces end up in court. Some Pennsylvania couples, seeking to exert greater control over their divorce and to try and come to an agreement amicably, will choose to take their divorce before a mediator. However, just because a couple elects to mediate their divorce does not mean there is no need to retain legal counsel. In fact, having an attorney present for the mediation process can be vital in making sure the mediation agreement can be enforced.