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October 2019 Archives

Making the right decisions about investments in a divorce

Financial problems can result in a divorce for some people in Pittsburgh, and those issues may be a part of the divorce process as well. One problem some people may encounter is they may not have been very involved in the family finances. Those individuals should make sure they know what assets each spouse has individually and what they own jointly as well as how to access them.

Disadvantages to a strategic divorce

Some couples in Pittsburgh may divorce for strategic reasons. For high-income spouses, splitting up can be a way to save on taxes. In low-income situations, divorce could help one partner qualify for Medicaid or allow a child to get more financial aid for college. However, there are also financial drawbacks to strategic divorces.

Clear signs that a marriage may be headed toward divorce

Experts suggest that Pittsburgh residents who are worried that their marriage may be heading toward a divorce should examine whether their marriage is exhibiting some of the following signs. One sign is that marriage mates don't eat dinner together. This might seem like a minor thing, but when a couple stops eating dinner together, it could indicate that they are living separate lives and that they are disjointed. Sharing a meal with a spouse is a time-honored line of connection; when that is broken, it may indicate deeper issues.

Know your valuation date

As you work your way through your divorce proceedings in Cranberry Township, there will be several benchmark dates that you will want to be aware of during the process. Like most of those that come to see us here at the Sweeney Law Offices, LLC, you might not consider your valuation date to be one of them. The process of dividing up your marital property between you and your ex-spouse can be complex, and you might think that all you need to know is that whatever either of you earned during the marriage is subject to property division. Yet the date on which your marital property is officially appraised and valued by the court is important for a number of different reasons. 

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Sweeney Law Offices, LLC
20581 Route 19, Suite 1
Cranberry Township, PA 16066

Phone: 724-742-2590
Fax: 724-742-4409
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