Pennsylvanian spouses at the end of a marriage usually understand the importance of dividing significant martial property, such as homes and cars, and addressing other divorce issues, such as spousal and child support. Other important property, however, may be overlooked, particularly in a high asset divorce, because of the difficulty associated with locating and dividing these assets.
Retirement assets may comprise one of the largest liquid assets during divorce in Pennsylvania. Incorrect property division can cause tax and other financial problems.
Governor, Tom Wolf, just signed a bill slashing the two-year waiting period for a no-fault divorce from one to two years in Pennsylvania. This reduces the time for dividing assets and determining spousal support and is anticipated to reduce legal costs and time in court.
Celebrity couples are constantly in the news when they divorce because of disputes that may have been prevented by a prenuptial agreement. Couples in Pennsylvania, regardless of their fame, should also consider the value of these agreements. A prenup may be beneficial where a person has children from an earlier relationship. Older couples may also benefit.
Clients facing divorce and other family law issues in Southeastern Pennsylvania may need attorneys who understand their problems, have the experience to fight for their rights in court and negotiations. Testa & Pagnanelli, LLC, has the ability to meet these challenges.
The issuance of the divorce decree in Pennsylvania may not necessarily resolve all the legal, financial and emotional issues that arise at the end of a marriage. A divorced spouse should take several additional steps, once their divorce is final.
The Uniqueness Of A Brother- Sister Firm
Of course being a brother- sister team has brought Maria N. Testa and Enrico J. Pagnanelli some attention as a family law firm. But it is our diligent efforts to provide effective negotiation and when necessary litigation to our clients that really sets us apart.
Planning for divorce involves numerous financial matters. And, Social Security from a former spouse and retirement are issues that can have a long-lasting impact after the end of a marriage.
Pennsylvania divorce is governed by state law and county court procedures addressing spousal support, child support, custody, property division and other issues. Members of the military, however, may have to deal with federal laws that govern military benefits, access to commissaries and other privileges and court proceedings.
Pennsylvania provides couples ending their marriage the choice of filing for a fault or no-fault divorce. A fault-based divorce requires a spouse to charge the other spouse with specific acts leading to the end of a marriage. A no-fault divorce is less cumbersome and does not require proof that a spouse was at fault for the breakdown of the marriage.