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Pennsylvania Property Distribution Lawyers

Divorce is often contentious, and one of the most commonly-disputed divorce issues is property distribution. Often, a property division agreement must be determined by a judge. Read on to learn more about how property is distributed in PA divorces and speak with the seasoned Pennsylvania property distribution lawyers at Berman Voss today.

Property Distribution Lawyers | Fighting for Clients in PA

Yes. Many spouses don’t realize just how much may be at stake in their divorce. No matter who you are, you have a lot on the line, and it is imperative that you hire competent Pennsylvania divorce lawyers who can fight for your best interests at every turn. With Berman Voss, your case is in good hands.

Marital Property Vs. Separate Property

The Commonwealth of Pennsylvania recognizes two types of property: marital property and separate property. Essentially, separate property includes assets acquired by either spouse prior to the marriage or separate from the marriage, such as a gift from a friend.

On the other hand, marital property is loosely defined as all property acquired during a marriage. Marital property is the only type of property that will be divided between spouses in a divorce. Property that is commonly considered marital property can include jointly-held bank accounts, retirement assets, real estate properties, vehicles, and more.

What is Equitable Distribution?

Pennsylvania divides marital property between spouses through a process known as equitable distribution. Essentially, with equitable distribution, a judge will determine what he or she considers to be a fair and just distribution of assets. In most cases, this is not a 50/50 split of assets.

What Factors Are Considered When Dividing Property in PA?

Some of the most common factors that may be considered when distributing marital property in Pennsylvania are as follows:

  • The duration of the marriage
  • The extent to which each spouse contributed toward the growth or dissipation of marital assets
  • The need for liquidation or sale of certain assets
  • The standard of living established over the course of the marriage
  • The child custody agreement
  • The earning capacity of each spouse
  • Whether there is an alimony agreement in place
  • Each spouse’s yearly income
  • Any other factor the judge deems relevant

The property distribution lawyer you choose to represent you is paramount. Speak with Berman Voss today.

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