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asset division Archives

Is my spouse hiding assets?

Asset division is one of the most contentious aspects of divorce. Some spouses even attempt to conceal certain assets so they won't be included during the division process. While this practice is highly unethical and even illegal, it can be difficult to locate hidden assets so they can be divided in a just and fair manner. If you're concerned that your spouse is hiding assets, Forbes offers the following tips.

How can you divide up your 401k in a divorce?

When making a mental inventory of the assets you expect to be included in your property division proceedings in Cranberry Township, you likely failed to include your 401k. Remember that the money used to fund your 401k comes largely from your income, which makes any contributions made to your account during your marriage subject to property division. Yet how can you share assets from your 401k with your ex-spouse without having to deal with those hefty early withdrawal penalties? 

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

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