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Blog Posts in Equitable Distribution

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  • Military Retirement as a Marital Asset Subject to Equitable Distribution
    Military Retirement as a Marital Asset Subject to Equitable Distribution

    Pennsylvania has opted to treat military pensions as marital property . However, The provision in the Divorce Code permitting equitable distribution of veteran's compensation where the veteran has ...

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  • Proposed PA Legislation Set To Establish New Parameters for the PA Divorce Code and Military Pensions
    Proposed PA Legislation Set To Establish New Parameters for the PA Divorce Code and Military Pensions

    The proposed amendments introduced on May 21, 2012 in the PA House would amend Title 23 Pa.C.S. Section 3502(a.1) regarding military pay, to establish PA Courts with authority allowable under the U.S. ...

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  • Valuation of Assets in Divorce; Part II- Retirement/Pension Plans
    Valuation of Assets in Divorce; Part II- Retirement/Pension Plans

    The two basic types of retirement plans, defined benefit and defined contribution plans, are valued in accordance with the characteristics peculiar to the type of plan. THE TWO TYPES OF RETIREMENT ...

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  • Inheritance- A Nonmarital Asset
    Inheritance- A Nonmarital Asset

    Property acquired by inheritance is a nonmarital asset, however, some or all of it may lose its character as nonmarital. A recent client had inherited a sizeable sum of money during the course of a ...

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  • Valuation of Assets in Divorce- Part I; Real Estate
    Valuation of Assets in Divorce- Part I; Real Estate

    The divorce code does not specify a particular method of valuing assets such as a home Many clients facing a divorce have questions about what will happen to the stuff that we've collected. The house, ...

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  • They've Looted the Bank Account!
    They've Looted the Bank Account!

    When one spouse excludes another from joint assets, an action in partition may be necessary in addition to divorce proceedings. I recently had a client that came to me in tears. She was thrown into a ...

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