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Posts tagged "Divorce"

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Understanding property division during a divorce

Divorces can be messy, high-conflict processes, especially if your marriage has gone on long enough to include kids and a fair amount of shared property and assets. That's why it is important to understand how the property division process works in a divorce. When you understand that process, it is easier to focus on strategies that will help you achieve your goals, and it is also easier to weigh the advice you receive from your attorney and other sources.

Tax Exempt Transfers of Real Estate in a Divorce

A transfer of real estate from one spouse to another, in a jointly held property, is exempt from real estate transfer tax when it is done pursuant to a divorce decree or marital settlement agreement.  That is why it is essential that a marital settlement agreement properly address and provide for the disposition of all marital assets.

Possible Changes Coming to the Way the Courts Deal with Family Law Cases

A new Bill introduced by the PA House on March 27, 2012 would substantially alter the manner in which courts are to deal with family law cases, such as divorce, custody, support, paternity and abuse.