In this video: Philadelphia Divorce Lawyers Thomas Petrelli, Jr. discusses if Debt Be a Factor in Your Divorce. Thomas Petrelli, Jr., Esquire Divorce Attorney No matter what your income, you could end up saddled with debt after your divorce. Philadelphia family law attorney Thomas Petrelli discusses the division of unsecured debt and answers the following […]
Continue readingDivorce Topics
In this video: Philadelphia Divorce Lawyers Thomas Petrelli, Jr. discusses the Hidden Costs of Keeping A House After Divorce. Thomas Petrelli, Jr., Esquire Divorce Attorney Should you keep the house after your divorce? Keeping your home can give your family stability, but there are important financial considerations. Philadelphia family law attorney Thomas Petrelli discusses the […]
Continue readingIn this video: Philadelphia Divorce Lawyers Thomas Petrelli, Jr. discusses why a forensic accountant should be part your divorce team in this three-part series. Thomas Petrelli, Jr., Esquire Divorce Attorney In Part 1 of this series, we discussed why you may need a forensic accountant. In part 2, we discussed two services that forensic accountants […]
Continue readingYou’ve agreed; you are getting divorced. But, now that your spouse has moved out, the bills are overwhelming. Are you really responsible for everything? Divorce attorney Thomas Petrelli suggests taking a careful look at the bills. While some bills may be your responsibility there is a good chance that many of your bills are shared […]
Continue readingQUESTION: After my divorce will I still be covered by my husband’s medical insurance that he gets through his work? The Affordable Care Act (ACA or ObamaCare) requires all non-exempt Americans to have basic health insurance or pay a penalty. What are your options if you lose your insurance because of divorce? A 2012 […]
Continue readingQUESTION: “What are the most common financial mistakes people make during a divorce?” Your divorce agreement will help determine your future financial security. Our divorce attorneys have listed ten of the most common financial mistakes made by divorcing spouses and tell you how to avoid these mistakes. Looking for more Information? Download our FREE Guide […]
Continue readingQUESTION: Are there any particular tax issues I should be concerned about now that I’m getting a divorce? Benjamin Franklin said that nothing can be certain except death and taxes. As you go through your divorce, you will face a lot of uncertainty. Careful planning can help ensure that your taxes aren’t part of that […]
Continue readingA case decided in January by the Pennsylvania Commonwealth Court highlights a practical issue for many divorced parents with shared custody arrangements. As reported in The Legal Intelligencer, the case of Watts v. Manheim Township School District involved divorced parents who resided two miles apart in the same school district and shared equal custody time […]
Continue readingAn issue that often comes up in cases where one spouse suspects the other of hiding assets or income is the related suspicion of extra business activities. For example, your spouse might have a day job, but you also suspect him or her of moonlighting at some side business. Depending on how much activity you […]
Continue readingWhen spouses get divorced, often one of the largest issues, if not the largest, is what happens to the marital home that is jointly titled in both spouses’ names. While there is the option of keeping it in both names after the divorce, this is ill-advised and almost never happens in practice. Instead, the goal […]
Continue reading