The Equitable Division of Property in a Pennsylvania Divorce

Going through a divorce is a major change. With immediate financial concerns and long-term marital assets to protect, you want an experienced lawyer who understands Montgomery County property laws. At the Law Offices of Lawrence Pauker, we will make sure your rights are protected in your divorce property settlement.

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When coming up with a fair divorce property settlement, the main concern is the division of marital property. While all marital property (which is the current value of all assets acquired during marriage) and marital debts will be divided, there are misconceptions about how it will be divided.

Division of Marital Assets and Debt in Pennsylvania

Marital assets are not divided equally. They are divided equitably. The court will look at a number of different factors as it decides how your marital estate should be divided. These factors are applied according to facts, and each case is different. You cannot necessarily look at other cases, as your divorce property settlement will be based on the facts in your case alone. Some of the factors the court will look at include:

  • Child custody
  • Length of marriage
  • Earning capacities
  • Current earnings of the parties
  • Amount and sources of income
  • Employability
  • Opportunity for future acquisition of assets

The majority of the factors considered by the courts relate to your and your spouse's finances. All of the factors considered are related to earnings and the income of the two parties, which are heavily considered themselves.

Our law firm also cautions our clients that marital fault is not one of the factors considered during property division. The personal circumstances that led to your divorce are deemed irrelevant by the court when it comes to your divorce property settlement. However, it is relevant to post-divorce alimony.

Do You Own a Business?

When a business owner is involved in a divorce, his or her lawyer will need to gather information regarding the value of the business or professional practice. Whether you are a business owner or are divorcing a business owner, our law firm can provide you the attentive legal help you require.

Contact Us Now to Set Up a Convenient Consultation

We are ready to help you do everything you can to protect your assets and look out for your financial future. Open during weekly business hours, our law offices in Norristown and Ambler offer evening and weekend appointments as well. Contact us today for an initial consultation.