Category: Equitable Distribution

Chasing Divorce Assets, Part 4

International Tracing

This four-part blog series addresses the sourcing of money and property in divorce proceedings to discover hidden assets and income, distinguish separate property from marital property and enforce or attack prenuptial agreements.  International Tracing Traditional discovery is an essential but incomplete tool when tracing foreign assets and income in connection with a divorce. Divorce lawyers must understand, and explain to clients, that the subpoena power of a U.S. court does […]

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Chasing Divorce Assets, Part 3

Defending and Attacking Prenuptial Agreements

This four-part blog series addresses the sourcing of money and property in divorce proceedings to discover hidden assets and income, distinguish separate property from marital property and enforce or attack prenuptial agreements. Defending and Attacking Prenuptial Agreements If the objective of a prenuptial agreement is to define and protect separate property, an effective one must anticipate and address future opportunities for comingling, transmutation, and retitling separate property. For instance, many […]

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Chasing Divorce Assets, Part 2

Distinguishing Separate Property

February 03, 2021 | Equitable Distribution, Legal Perspective, Marital Property

Icon for author Brian Vertz Brian Vertz

This four-part blog series addresses the sourcing of money and property in divorce proceedings to discover hidden assets and income, distinguish separate property from marital property and enforce or attack prenuptial agreements. Distinguishing Separate Property In jurisdictions employing a dual classification form of equitable distribution, there is a legal distinction between marital and separate property. Marital property is divided between spouses upon divorce. Separate property is exempt from equitable distribution, […]

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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 ensure you get an appropriate division. Contact our family law firm to discuss your financial situation. Known as a workout specialist on tough […]

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Complex Financial Issues in Divorce

An Explanation of Equitable Distribution of Property

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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