Living trusts and testamentary trusts are an essential part of a complete estate plan, but they can be challenging to set up and difficult to understand how they work. Trusts in divorce cases must be especially scrutinized, along with other estate documents, to help avoid any bad situations. Published by the American Bar Association, “Know…
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Know Thy Trust: A Plain English Guide to Orchestrating Assets in Divorce Cases
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Truth or Consequences: Why Honesty is the Best Policy When Dealing With Your Lawyer
In a divorce, all parties want to be treated fairly. It’s important to choose an attorney that you are comfortable with and feel that you can share personal information freely and honestly. When first meeting with a new attorney, be organized and know your goals, assets and debts, finances and marital themes of conflict. At…
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Federal Tax Reform Effect on Alimony Deductions in 2019
When parties file for divorce there are usually two main issues that need to be addressed before the parties will receive a decree in divorce: How the marital property is distributed between them – think: houses, bank accounts, investments, retirement accounts, etc. If one party must pay the other alimony. Alimony is not always awarded,…
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Exclusive Possession of the Family Home in Delaware County, PA
During a pending divorce matter, the court has the power to award to a party the right to exclusively reside in the marital residence, otherwise known as “exclusive possession.” To be awarded exclusive possession of a residence the party must file a Petition for Exclusive Possession with the court. Unless both parties agree that that…
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Divorce and Financial Considerations
The thought of divorce can trigger fear of the unknown and concerns about your future and the future of your family members. There are many questions to be answered, and all are related in some way to financial considerations involving the equitable distribution of marital assets including retirement savings, possible alimony, child support, attorney’s fees…
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Dealing with Trusts in Divorce Cases in Delaware County
Trusts are a unique vehicle available to estate planning attorneys to accomplish a multitude of goals. They tend to be the longest and most complex of all estate planning documents. For even the most experienced family law attorney in Delaware County, ascertaining why a trust was set up in a certain way by the original…
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A Snapshot of the Financial Considerations in a Divorce
Published in Family Advocate, Vol. 37, No. 1, (Summer 2014) p. 4-7. © 2014 by the American Bar Association. Reproduced with permission. All rights reserved. This information or any portion thereof may not be copied or disseminated in any form or by any means or stored in an electronic database or retrieval system without the…
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New Types of Protection Orders Available in Pennsylvania
Most attorneys are aware of the protections available to clients through Pennsylvania’s Protection from Abuse Act, but new alternative protective orders expand the protections offered to victims of sexual violence and intimidation in Pennsylvania. The protections afforded under the PFA Act are conditioned upon the victim being a spouse/former spouse, a parent of a child…
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Estate Planning Tips During a Divorce
For most, a divorce is a foreign, complex and highly emotional process. Once a party has decided to divorce or has been served with a divorce complaint, the issues that take the forefront are the ones which affect a party’s everyday life – how will expenses be paid, where will each party live, how often…
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- Should Free Appropriate Public Education Be Extended to All Students?
- Know Thy Trust: A Plain English Guide to Orchestrating Assets in Divorce Cases
- Protection from Abuse…and Harassment
- Truth or Consequences: Why Honesty is the Best Policy When Dealing With Your Lawyer
- Pennsylvania Alimony and Equitable Reimbursement