Category: Complex Financial Issues

Will Divorce Be More Expensive in 2019?

July 09, 2018 | Alimony, Blog, Complex Financial Issues, Divorce, Tax Issues

Icon for author Brian Vertz Brian Vertz

On December 31, 2018, the tax deduction for alimony will be ending under new federal tax laws.  If you are in the middle of a divorce, or thinking about it, you might want to sit up and take notice. As author of the legal tax reference Frumkes & Vertz on Divorce Taxation, I’ve been reporting on and teaching colleagues all about these changes. Here are some explanations why decisive action […]

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5 Tips to Affording Your Divorce

June 28, 2018 | Blog, Complex Financial Issues, Divorce

Icon for author Joseph Williams Joseph Williams

One of the most common questions asked of a divorce lawyer is “How much is this going to cost?”  While your lawyer cannot ultimately control the cost of your case, here are five tips to help ensure your divorce is as cost-efficient as possible: If possible, work directly with your spouse. While you will need to rely on the expertise of your lawyer for many decisions, if you can agree […]

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3 Steps to Protect Your Finances During a Divorce

June 04, 2018 | Blog, Complex Financial Issues, Divorce

Icon for author Lindsay Nemit Lindsay Nemit

In a recent survey, nearly 65 percent of Americans told CreditCards.com they lose sleep worrying about financial concerns. Everyday financial stresses weigh us down and those worries are bound to be compounded by a divorce. Fortunately, there are a number of ways to prepare yourself and your finances for divorce to minimize uncertainty and help you sleep easier. Follow these three easy steps: First, it is critical to have a […]

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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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