Divorce Topics

Going through a divorce can be a challenging and emotionally charged experience. It becomes even more complex when you suspect your spouse is hiding assets or underreporting their income. In such cases, understanding the importance of financial disclosures and knowing where to look for missing information becomes crucial. In this article, we’ll explore strategies to […]

Benjamin Franklin said, “Nothing is certain except death and taxes”. While you are certain to pay taxes after a divorce, your divorce can have an unpredictable effect on your tax status. Here are some things you need to consider when filing taxes after your divorce.  Your tax filing status.  Your filing status is determined by […]

QUESTION:My spouse and I own a home that’s in foreclosure, and we owe more money than the house is worth. We’re divorcing and I’m wondering if I’m going to be responsible for 50% of the difference between what the house sells for and what we owe or if that all goes away due to the […]

Now that my spouse and I have officially separated, I moved out of our home last month, am I responsible for any debts he may now incur or is he 100% responsible for new debts? I ask because he’s in the process of financing a new car.

Imagine yourself as a budding entrepreneur with a great idea. You work hard every day to grow and expand your business. Suddenly you are receiving larger orders as the days and weeks pass. Your work has become your life. In the little free time you have, you go out with friends and eventually, when you […]

A recent New Jersey Court declined to modify a child support order against Ahmad Bradshaw, a former running back for the New York Giants who moved from New Jersey to Virginia after he changed NFL teams. The judge’s reason was that the New Jersey court lacked jurisdiction to issue a modified order under the Uniform […]

Did your spouse always handle the money? Do you own a family business? Are there investments, but you don’t know exactly what they are? What you don’t know about your assets could impact your divorce settlement. In this video: Philadelphia Divorce Lawyers Thomas Petrelli, Jr. discusses why a forensic accountant should be part your divorce […]

You’ve filed the divorce complaint and already have a property settlement in mind, and better yet, you think your soon-to-be-ex will be on board with it because you and she discussed it before you filed. In fact, she and you agreed that only you would hire an attorney, to save money. You have your divorce […]

For many Pennsylvania families, the biggest household asset is the actual home. But, a home has more than monetary value; a home also has emotional value. It is the place where your son took his first steps and your daughter got ready for prom. If your house is the only home your children have ever […]

As Philadelphia divorce lawyers, we know that all kinds of things change when you get divorced – your living situation, your finances, bedtime duties, you name it. Often people are not certain what happens to their health insurance and life insurance when their marriage breaks up. For starters, most people are aware that if a […]