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May 2018 Archives

High asset divorce: Reality star talks about the heartache

Many couples enter into a marriage expecting a fairy tale and happily ever after, but the reality is that most marriages are not like the ones found in storybooks. Every marriage faces difficult times and, sadly, some couples are not able to overcome the obstacles they face. When couples are not able to reconcile their differences, they often find relief in seeking a high asset divorce. Pennsylvania couples may be interested in one television reality star's honesty about the pain and emotion she is feeling through her divorce.

More women now paying alimony and child support

People often assume that the majority of child support payments are sent to mothers from fathers, but new data suggests a growing number of women are responsible for such payments. According to the American Academy of Matrimonial lawyers, 45 percent of lawyers saw an increase in women paying alimony while 54 percent saw an increase in mothers paying child support. These trends may impact family courts in Pennsylvania and across the United States.

Child support: Plan for college expenses despite divorced

On average, college tuition in Pennsylvania and across the United States is increasing at a rate of about 3 percent every year. The cost of college tuition can be staggering if parents do not plan ahead. The average cost of a private school can be as much as $46,950 a year and public schools as much as $20,770 a year. Unfortunately, the costs of child support, alimony and double living expenses may make it tempting to delay saving for a child's college education.

Man fights for fathers' rights in child support

Pennsylvania family courts often have a difficult job. Evidence and difference of opinions must be heard by both parties to determine the best options for child support and custody of shared children between divorcing spouses. One gubernatorial candidate in another state is claiming that his fathers' rights have been ignored by a family court in his divorce case, and he hopes to be elected to office to bring change and awareness that some fathers face.

What you need to know about the estate administration process

It can be extremely difficult for your Pennsylvania family when a loved one passes away. In addition to the grief you are experiencing, you may also have to walk through the process of settling his or her estate. Estate administration can be complex, especially if you are acting as the executor.

Property division can be difficult during a gray divorce

In Pennsylvania and across the country, a 'gray divorce' is one where a couple the age of 50 ends their marriage. Statistics indicate that it is the only age group in which divorces are increasing. Because many couples over the age of 50 have been married for many years, property division and other aspects of a separation can prove to be difficult and typically require the help of a skilled family law attorney.

High asset divorce: Many women are unaware of their shared money

Although most marriages begin with hope, love and visions of a future together, some statistics suggest that almost half end in divorce. Reportedly, divorce rates have stayed about the same over the last several years except in one category. More marriages are ending for people who are older than 50, and that category is continuing to increase. Surprisingly, it has been suggested that many women who have ended a marriage after the age of 50 have very little knowledge of the state of their finances. Without the assistance of an experienced Pennsylvania family law attorney, processing a high asset divorce without an understanding of marital finances could prove to be difficult.

Nonworking spouses need to prepare for property division

Reasons differ for every family unit, but many families still choose to leave the workforce when children are born. The most common spouse to stay at home still is the mother. When a couple begins having marital problems and a divorce is on the horizon, property division concerns can seem overwhelming for a nonworking spouse. A Pennsylvania family law attorney can help anyone considering a divorce protect finances prior to officially filing in court.

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