Equitable distribution is the process of dividing marital assets. In Pennsylvania, there are divorce laws and rules that aim to divide assets and debts fairly. Fairly, does not always mean equally. Finding a divorce lawyer that can guide emotional and challenging property discussions can be helpful during the equitable divorce settlement process and help you to understand the difference between non-marital (or separate) and marital property. Collaborative Law is an alternative to traditional litigation and with an attorney and neutral financial specialist, you may be able to keep your marital property disputes out of court.
Collaborative law professionals and attorneys serve individuals in Southeastern Pennsylvania, including Bucks County, Montgomery County, Delaware County, Chester County, and Philadelphia.
Preserve Your Marital Assets with Collaborative Law
A Collaborative Lawyer along with a neutral Financial Specialist will advise their client about important legal information they need to consider in making decisions which include:
- Gathering important financial information
- Evaluating tax implications of settlement options
- Assessing the impact of near- and long-term financial health
- Achieving a desired financial settlement
Schedule a confidential consultation to learn more about property division laws in Pennsylvania. Contact the Collaborative Law Professionals of Southeastern Pennsylvania.
Equitable Distribution Divorce Laws in PA
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. If your divorce settlement discussions involve a dispute, then it is common for a judge to review and make a final decision.
Learn more about how our collaborative team will focus on desired outcomes and resolving issues while avoiding court litigation.
- A collaborative lawyer will advise their client about important legal information.
- A neutral financial specialist will provide a thoughtful review of many financial options.
- A divorce coach will assist their clients with economic concerns and the development of more productive communication with their spouse.
What you need to know about
Divorce and Property Division
Rochelle Bobman, Esq shares her expertise about one of the most significant marital assets, the marital residence, and provides insight on the topic of loan assumption and mortgage refinancing in a divorce.
David Anderson, CPA, CFE, CVA, a forensic account and collaborative business valuation expert breaks down the difference between marital vs. non-marital assets in a divorce.