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Divorce Archives

4 Parties Who Can Help You Through a High-Asset Divorce

Divorces involving substantial amounts of money or property have the potential to turn into all-out battles, considering all that may be at stake. In high-asset divorces, people aren't just fighting over a single home or thousands of dollars; they can be fighting over a lucrative business or millions of dollars.

Which Assets Are Eligible For Division In A Pennsylvania Divorce?

If you are getting divorced, the division of property is probably high on your list of concerns. After all, no one wants to give up property, and having to split it with an ex can be particularly painful. However, dividing assets is an unavoidable aspect of every Pennsylvania divorce.

Divorce rates vary among different generations

Divorce is on the decline for younger adults in Pennsylvania and throughout the country, but that may not be the case for their parents and grandparents. Since the 1990s, divorces among people over 50 years of age have increased by about twice as much. In 1990, only five out of every 1,000 married people older than 50 divorced while in 2015, that number increased to 10. Divorce among people over 65 years old has increased at an even higher rate although the actual figure is lower. In 2015, six out of 1,000 people over 65 years of age got divorced, and this number was three times higher than it was in the 1990s.

The benefits of a prenup

Couples in Pennsylvania who are considering marriage may also want to consider completing a prenuptial agreement. There are various situations in which having a prenup may be beneficial.

Couples that divorce before completing IVF

Going through a divorce in Pennsylvania is usually more complicated for parents of young children than it is for couples with no children. Though arguing over child support and custody agreements can be difficult, the laws concerning these issues are generally understood. When a divorcing couple has embryos that were created for in-vitro fertilization, the laws concerning these potentially unborn children are much more ambiguous.

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