Yearly Archives: 2010

What’s the Hullabaloo about Balicki?

In Balicki v. Balicki, 2010 Pa.Super.134 (2010), the Superior Court affirmed the trial court’s decision to discount the value of an insurance business, based on the hypothetical income taxes that would be incurred by its owner upon sale of the business. The trial court’s decision was itself a reversal of the master’s report, in which the master found that the tax discount was inappropriate because the owner would not likely […]

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New Custody Law On Guv’s Desk

November 19, 2010 | Family Law News, Legal Perspective

Icon for author Brian Vertz Brian Vertz

In a surprise vote earlier this week, the Pennsylvania House passed HB1639, the sweeping custody reform legislation that has been held up in committee for nearly ten years. This bill, awaiting the governor’s signature, is intended to assuage the concerns of father’s rights groups while codifying the case law that has governed Pennsylvania’s custody disputes for decades. While it does not create a presumption of shared physical custody, the bill […]

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Obtaining Credit Card Records from Bank of America

October 15, 2010 | Divorce, Legal Perspective

Icon for author Brian Vertz Brian Vertz

It can be frustrating to obtain records from large, decentralized financial institutions like Bank of America. You can send them an authorization signed by their customer, and they still won’t respond for months, if at all. Recently a friendly telephone representative told me that the best way to get records from Bank of America is a phone call from their customer to their 800 number. A subpoena will also work. […]

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529 College Savings: Overlooked Asset in Divorce?

October 06, 2010 | Family Law News, Legal Perspective

Icon for author Brian Vertz Brian Vertz

Parents who are experiencing divorce may be confused about how to deal with savings that have been set aside for their children’s college educations. The most common methods of saving for college – UTMA custodial accounts and 529 college savings plans – are two different savings vehicles with very different treatment in divorce. Most banks offer “UTMA” custodial savings accounts. “UTMA” stands for “Uniform Transfers to Minors Act,” a law […]

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10 Cash Flow Rules In Divorce (Part I)

In business, they say, cash flow rules. The same principle is true, I find, in divorce. I have been brainstorming a set of cash flow “rules” for divorcing spouses. Here is part one: 1.  Never run out of cash. My #1 divorce rule is the as Inc Magazine‘s #1 business rule. In divorce, there is a period of time immediately following separation when a divorcing spouse’s cash flow may be […]

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U.S. News & World Report: Pollock Begg is one of five Best Law Matrimonial Firms in Pittsburgh

September 17, 2010 | Press Releases

Icon for author Pollock Begg Pollock Begg

We are pleased to announce that U.S. News & World Report, in conjunction with The Best Lawyers in America, has named Pollock Begg Komar Glasser LLC as one of the Best Law Firms 2010 for family law in Pittsburgh. Five Pittsburgh firms were named to the first tier, in which Pollock Begg was included. To find these results, U.S. News – Best Lawyers “Best Law Firms” surveyed thousands of law […]

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