Dividing Marital Property In A Pittsburgh Divorce
When getting divorced, it is crucial for couples in Pittsburgh to know how to divide their marital property. This, along with child custody, is one of the areas where disputes often occur the most. The more that spouses learn about their property rights and the divorce process, the smoother everything will go.
At The Blackwell Law Firm, our Pittsburgh divorce lawyers strongly focus on guidance and education. Let them help you every step of the way as you explore your options and consider your rights. You cannot afford any mistakes during property division in divorce, and our team is here to help. Our family-run firm has been providing these services since 1991, and you can trust our lawyers’ experience and knowledge.
What Is Considered Marital Property In Pennsylvania?
Martial property is generally anything acquired during the marriage. Examples include a family home, income, life insurance policies, vehicles, jewelry, and much more. Separate property, which is excluded from property division, includes assets obtained before or after the marriage, along with some exceptions – such as an inheritance, which can be separate property even when gifted during the marriage.
How Is Marital Property Divided In A Divorce In Pennsylvania?
As a Pittsburgh property division attorney will tell you, Pennsylvania is an equitable division state. This means that the court divides things up fairly, if not equally. When addressing property division in divorce, the court considers factors such as the length of the marriage and the earning capabilities of each partner.
In some cases, estate planning can be used to protect assets. For example, putting an inheritance in a trust can keep it from being commingled, protecting its status as separate property. It’s always wise to know what estate planning options you have and how they can help.
Contact Us To Learn More About Property Division In Divorce
Experienced, honest and dedicated to our clients’ success, our Pttisbrugh property division attorneys at The Blackwell Law Firm provide excellent legal services during divorces. Use our online contact portal or call 412-391-5299 today to learn more and schedule your initial consultation.