On behalf of Law Offices of Peter J. Russo, P.C. posted in High Asset Divorce on Wednesday, May 22, 2013. Pennsylvania readers, especially those who have gone through a divorce, may be familiar with the concept of marital property. As traditionally defined, the term refers to a 50-50 split of all earnings made during the course … Continue reading High asset divorce: a 50-50 split?
On behalf of Law Offices of Peter J. Russo, P.C. posted in Property Division on Monday, May 6, 2013. Divorcing Pennsylvania might be tempted to accept a lump-sum payment for their share of a family house or other real property, or from other property division proceeds. Yet that payment option might create a false sense of … Continue reading Beware of accepting a lump sum payment in a divorce