Property Distribution

Pennsylvania divorce law defines what is and is not marital property. These laws also outline a series of 13 factors that lawyers and the court use as a guide in determining how marital assets and debts will be allocated between a husband and wife. There is no magical formula that tells you which factors are more important than others or how many of the 13 factors you need to show.

However, In the Collaborative Process, the division of assets and liabilities is determined not by legal definitions or factors, but by the goals and needs of the particular family. The Collaborative Lawyer advises their client about important legal information they need to consider in making decisions.  The neutral Financial Specialist will help you and your spouse gather the important financial information, evaluate tax implications of settlement options, assess the impact of these options on your near- and long-term financial health and help you and your spouse achieve a desired financial settlement. If emotions run high, if communication with your spouse has and continues to be difficult, the Collaborative Coach can help you and your spouse manage the emotionality and develop more productive communication. Focus is on desired outcomes and resolving issues.

The final result of the Collaborative Process is a thoughtful review of many options. The economic concerns of all family members are considered in reaching a financial agreement.

To schedule a confidential consultation and learn more, contact a member of Collaborative Law Professionals of Southeastern Pennsylvania.