Diminishing credit is a concept that property brought into a marriage loses its separate nature and becomes marital in nature as the marriage progresses. The court may give credit for separate property brought into the marriage depending on the circumstances. Generally, any credit to be received decreases with the length of the marriage. For example, […]
If you are getting married, you may want to consider a prenuptial agreement before you tie the knot. A prenuptial agreement is not necessary in every situation, but is very useful to avoid conflict in certain situations. It is not always just for divorce. You may want to use it to allow you to decide […]
The court may give credit for individual property brought into the marriage depending on the circumstances. Generally, any credit to be received decreases with the length of the marriage. For example, Bucks County will reduce the credit by 5% a year such that there is no longer a credit after 20 years. A prime example […]
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