Reginald Black

Feb 20, 2017

I can\'t say enough about Kathleen Gingrich. I needed her services at a very difficult time in my life. She was always available and really listened to me and ...

Deb Hoffert

Feb 08, 2017

I can not say enough great things about this law firm. Everyone is extremely knowledgeable, professional and above all else very friendly. I have never had an issue personally or ...

John Arena

Feb 01, 2017

Peter Russo and the staff at his firm have handled my personal and professional business for almost a decade. His office is extremely professional and efficient. They never forget that ...

rick scott

Feb 01, 2017

Peter was easy to work with and handled my case first class. He was knowledgeable about my case (possible age discrimination) and gave me options on what I could do. ...

Jenn Spears Brenize

Feb 01, 2017

Peter is extremely knowledgeable and aggressive, yet even-tempered. He is professional, diligent, and compassionate, and responsive to his clients\' needs. I never hesitate to send him a referral as ...

Robert Davis

Jul 25, 2018

WERE BACK !! First and foremost Peter has a sense of humor. Peter was efficient and effective and on point when it came to the time line of events. Very important ...

Angela Reighard

Jun 26, 2018

Kara Haggerty was an amazing attorney. She handled my highly toxic divorce with aplomb, carefully and skillfully. Megan was also very helpful. Highly recommend!!

Bob Levin

May 11, 2018

I have been working with Peter for last 3 years and the experience has been worthwhile. He is a man of his word and I would highly recommend him.

Beth Sizer

Mar 22, 2018

I am a grandmother who just wants to be involved with her only grandson\'s life in every way, watch him grow and always be there for him and just ...

Aubrey

Jan 10, 2018

Peter is an excellent attorney! He is caring and effective in his representations.

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Reviews

Marriage can bring about significant changes for couples, particularly in the area of finances. Marriage, of course, has the effect of tying together couples financially, making them partners in both assets and debts.

This partnership may apply not only to assets acquired during the marriage, but in some situations to assets brought into the marriage, such as business assets. Other important assets, such as retirement accounts, can be impacted by marriage. This is a particularly important point for older Americans who get married.

In the event of divorce, Pennsylvania law prescribes that courts are to distribute marital assets and debts equitably when couples are unable to come up with a suitable arrangement on their own. There are various factors courts can take into consideration when making the determination about equitably division, including the length of the marriage, the sources of income available to both parties, the standard of living established during the marriage, and whether a party has primary custody of minor children.

Couples preparing for marriage are not without means of controlling the financial outcome of a potential divorce, though. This is precisely the purpose of prenuptial agreements. A prenuptial agreement, when it is wisely negotiated and validly executed, effectively trumps state property division law.

It is important, when putting together a prenuptial agreement, to work with an experienced attorney and to get an early start. This helps to ensure not only that one’s interest will be represented, but that everything will be done properly and that there will be enough time to work out an acceptable agreement prior to marriage. As experienced attorneys, we understand the needs of clients when putting together prenuptial agreements and work to protect their interests.

Sources:

Wall Street Journal, “Financial Questions to Settle Before You Get Married,” Andy Ward, May 24, 2014.

Pennsylvania General Assembly, “Equitable division of marital property,” Accessed Dec. 5, 2014.