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Protecting
Your
Legal Rights
Protecting
Your Children
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SEPARATION
AND DIVORCE
Couples who are facing these life-shattering experiences will benefit
from the power of knowledge provided by the professionals who wrote these
articles.
Protecting
Your Legal Rights
- Differences
Between Litigation and Mediation in Divorce are more than Just Financial
Divorce, itself,
is both a legal process and part of a family process. It has been
stated often that the emotional forces which are bound to the dissolution
of a marriage and a family argue for more delicate measures than the
traditional court proceeding.
- How
to Choose and Manage Your Divorce Attorney
In the midst of
all the emotional turmoil connected with your separation, now you're
faced with choosing a divorce attorney. The following is a guide to
selecting the right attorney.
- The
Basics of Alimony
Alimony issues
can be a sensitive subject between spouses during and after divorce.
Normally, spouses have opposite viewpoints - how much should be paid
and for how long. If
you use the mediation process for your divorce, you will have more
control over the alimony decisions.
- Divorce
and Business Valuations A Goodwill Issue
Business valuators
must always consider the existence of intangible value when performing
their valuations. This intangible value or goodwill becomes particularly
significant when the valuation is undertaken with respect to a marital
dissolution action.
- Custody:
The Red Flag of Family Law
Custody
evokes parenting and parenting evokes feelings of possession, pride,
anger, responsibility, guilt, happiness, pleasure and angst. To the
cauldron of life we add the problem of a relationship gone bad. Now,
simultaneously, we have to deal with the feelings of a parent and
the feelings of anger, guilt, bitterness, unrequited love and anxiety
pertaining to the loss of a relationship.
-
Speaking
with your Spouse about Divorce and Mediation
No matter
what each couple's particular circumstances are that have lead to
the decision to part ways, approaching your spouse about your decision
to divorce is unfamiliar territory, causing intense anxiety and
stress.
-
Separating
your Finances
Divorce
means more than physically separating a family. It also means separating
a family financially. Both can bring great emotional stress. You
will come through the process in a better financial state, however,
if you can keep your emotions from influencing your financial decisions.
At the very least, you will be able to make better financial decisions
in the future for yourself and your children.
-
Dealing
with Mortgages During Divorce
When people who own real estate get divorced, they
usually face decisions about mortgages. These decisions are important
because they directly impact future financial well-being. It is
best to educate yourself about the options and seek the advice of
a professional mortgage broker.
-
Real
Estate and Divorce
Throughout
the divorce process, equitable distribution becomes a major factor.
If a couple owns real estate, several issues must be decided; i.e.,
Will the marital domicile be sold? Will one spouse buy out the other?
And, most important, if there are children, how will this affect
them?
-
Sale
of the Home in the Divorce Process
When divorcing
couples decide it is necessary to sell their marital residence and
move to new separate residences, which is stressful under the best
of circumstances is stressful, becomes even more so. Following are
a few things that all homeowners should keep in mind when selling
a house and then buying a house.
- Eatate
Planning and the Divorced Spouse
In planning estates over the years, the question has been frequently
asked, "What happens to my property if I divorce my spouse? .... If
I divorce my spouse, are there any changes I have to make to my will
and existing estate plan to protect my property?"
The answer to both questions
is that in most states, and certainly in Pennsylvania, a former spouse
has the right to receive some portion of the "marital property."
-
Tax
Considerations in a Divorce
Divorce
most often involves dividing marital assets. Generally, splitting
ownership of assets has no immediate federal or Pennsylvania tax
consequences. Taxes are still an important issue however, because
the ultimate owner of appreciated assets will eventually owe taxes
when the assets are sold.
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