Category: Equitable Distribution

How Do I Determine Our Joint Versus Separate Assets?

Pittsburgh divorce attorney Daniel H. Glasser discusses marital assets and shares tips on how to keep items out of the marital pot. There are exceptions. Make sure you are prepared and have a qualified team of family lawyers who can work closely with experts and financial professionals to determine you get an appropriate division. Contact our family law firm to discuss your financial situation. To read more about Pollock Begg Komar […]

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Complex Financial Issues in Divorce

An Explanation of Equitable Distribution of Property

April 16, 2018 | Blog, Complex Financial Issues, Divorce, Equitable Distribution

Icon for author Jennifer Zofcin Jennifer Zofcin

In Pennsylvania, family courts divide marital property using a system called equitable distribution. The goal of equitable distribution is to effectuate economic justice between the parties. Therefore, the division is not always done in equal shares, as is commonly seen in community property states. A Pittsburgh divorce lawyer can walk you through the steps of equitable distribution and explain the intricacies if you are considering divorce and need to review […]

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Avoid the Divorce Pitfall of Double Dipping

Many of us have heard of the party foul called double dipping — using the same chip or cracker for multiple scoops into the serving dish or crockpot of delicious dip. In divorce litigation, double dip has a much more complicated meaning. In divorce terminology, a double dip occurs when the same income or cash flow is used twice — once as an asset to fashion an equitable distribution of […]

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Divorced Spouses Must Update Beneficiary Designations

Divorced spouses who do not update their beneficiary designations are taking an unnecessary risk, as illustrated by a case now pending before the U.S. Supreme Court.  In Sveen v. Melin, No. 16-1432 (cert. granted December 8, 2017), the Met Life insurance company was “caught in the middle” when its policyholder Mark Sveen died in 2011.  He had purchased his life insurance policy and designated his then-wife, Kaye Melin, as his […]

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