Deferred compensation comes in many forms, the most familiar being retirement funds and pensions. But the compensation packages of many executives, salespeople, and high-level professionals in the IT and engineering fields include complex compensation benefits that are tied to performance or that reward loyalty. Since these benefits often represent a significant portion of the couple’s […]
A recent survey indicated that 14%-17% of U.S. adults have owned cryptocurrency. That means a large number of divorcing couples will have some kind of crypto asset that must be equitably shared in a Pennsylvania divorce. But crypto is so new that divorce laws do not address it, and most lawyers don’t know how to […]
Divorcing couples go through a process of dividing marital assets and debts, including real estate, financial accounts, and more. If one partner tries to hide certain assets, it can cause significant legal problems for them and financial hardship for you. A first step in uncovering hidden assets is when the finances of your marriage do […]
Fairly dividing assets and property can be one of the more emotionally and logistically challenging aspects of divorce. But the process becomes even more cumbersome when you and your spouse share significant, complex, high-value assets. Navigating a high assets divorce involves careful planning and the assistance of an experienced divorce attorney. Types of Assets To […]
A properly drafted, enforceable prenuptial agreement may greatly reduce, if not prevent, disputes concerning the equitable distribution of marital property if a married couple divorces. Making such an agreement before you marry is not a sign your marriage is doomed. It only means you are smart and preparing for a life-changing event that may or […]
Divorce in New Jersey and Pennsylvania involves the equitable division of marital assets. If one spouse wants to keep more than their fair share, they may resort to hiding assets. This not only goes against family law and court procedures but, depending on the circumstances, could lead to criminal charges. So, how do you know […]
With divorce comes the equitable (or fair) division of marital property (property acquired during the marriage). Generally, assets owned by a spouse’s parent are not considered marital property, so your spouse should not have a valid claim to them. But this is divorce law, so there are possible exceptions that may make your case complicated. […]
Equity in a home may be a married couple’s biggest asset. Before deciding what to do with the marital home in a divorce, you must find out how much that equity is and what the home would probably sell for if it was put on the market. Get professional help for this task. There is […]
If you and your spouse are divorcing and you own a home, you have some options. If you want the property, you will need to pay your spouse for their equity share. One way to accomplish this is to trade assets or property as part of the divorce process. Splitting up your debts, assets, and […]
Distributing assets as part of a divorce can be highly contentious. Emotions are often connected to objects and property. One party may not be able to bear the thought of not having something, or worse, the spouse getting it. Who gets what is best handled like every other divorce dispute: as calmly, professionally, and reasonably […]
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