The initial weeks of a marital separation are probably the most turbulent, uncertain part of the divorce process. The first few choices that spouses must make when they are contemplating divorce are important legal strategy decisions that require thoughtful consideration. Your divorce lawyer can help to assess the risks and possible consequences of those initial decisions. 1. Move out or stay put? Pennsylvania doesn’t recognize a legal separation as some […]
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 […]
[This is a re-post of a popular article that I wrote and published a year ago on this site. ~BCV] It’s never easy to take the first step on any journey. When you are facing a marital separation, there are five things that you can do to protect yourself, financially and emotionally. 1. Secure your property. Review your joint bank and credit card statements regularly to ensure that no unexpected […]
The value of a spouse’s share of marital property and the income it generates, the income and earning capacity of each spouse, and the reasonable budgetary needs – these factors remain the most influential in Pennsylvania alimony cases.