Pennsylvania Family Law Blog – The Law Offices of Sheryl R. Rentz
If You Liquidate a Family Business, How Are Assets Divided?
In a Pennsylvania divorce, all marital assets are divided under state “equitable distribution” laws. Property must be divided fairly, taking a number of factors into consideration, including the length of the marriage and the earning ability of each spouse. Marital property is all property acquired by either spouse during the marriage, or using funds earned during the marriage. This may include a family business. Read the rest »
How Are Trademarks Divided in a Divorce?
Trademarks, logos, and patents are all forms of intellectual property, which are protected under federal copyright laws. A legal copyright bestows exclusive rights for designers, inventors, authors, and artists to sell their creative works. This is done to encourage innovation by prohibiting others from “stealing” a person’s ideas and profiting from them.
How the Pennsylvania Court Weighs Child Preference in Divorce Cases
Legal and Physical Custody in Pennsylvania
There are two types of custody, physical and legal. Physical custody relates to where the child will be living, and legal custody refers to the right to make major decisions about the child’s life. Parents may decide to share legal and/or physical custody, but it is ultimately up to the court to determine whether to grant joint, sole, or partial custody to one or both parents after a divorce.
How NFTs Are Handled in a Pennsylvania Divorce
What Is an NFT?
NFT stands for Non-Fungible Token. This is a unique digital asset that only one person has ownership rights to. An NFT is usually either a physical image such as a graphic or a photo, or a short audio or video clip. NFTs are often created by a famous artist or recording star. Although the images or sounds in an NFT can be reproduced, when you buy an NFT, you get exclusive rights to the original digital asset, which cannot be reproduced thanks to blockchain technology.
How to Determine the Value of Cryptocurrency Investment in a Divorce
When couples divorce in Pennsylvania, their marital assets are divided according to equitable distribution. This means the division of property and debts is fair to both parties, but not necessarily equal. In the discovery phase of a divorce, each party is required to disclose all assets to the other party. It is important to ask about cryptocurrency in discovery, as this type of asset can be more easily hidden than others.
Modifying Child Support Due to Long COVID
The changes brought by the COVID-19 pandemic are still being felt today as businesses, schools, and courts struggle to carve out a return to normalcy. While vaccinations and testing have improved public health and safety, the development of the Delta Variant has stalled progress and led to another serious wave.
The Role of a Parenting Coordinator in Your Custody Dispute
Coming to terms on a custody plan and sticking to an agreement requires a lot of planning, commitment, and compromise. But the stresses of a divorce can easily weigh on these agreements and bar parents from resolving disputes cordially. In order to avoid having parents take every matter to court, Pennsylvania utilizes parenting coordinators to process high-conflict cases.
Financial Uncertainty and Business Valuations
The impact of the COVID-19 pandemic led to great economic unrest across the country, with numerous businesses applying for PPP loans, government relief, and loan forgiveness to avoid sudden closures. The full effects of this financial uncertainty will be felt for years to come, and no one knows that more personally than business owners who are going through divorces. Dividing a business during a divorce is difficult in any scenario, but the lows of 2020 may call into question the true value of your business.
Missed Court Dates Can Lead to Contempt of Court
When you begin the process of determining child custody or dividing your property in a divorce, the Pennsylvania courts expect you to conduct yourself with a certain level of professionalism… and punctuality. As you have asked a judge to settle matters between you and your ex-spouse, she will not like her time wasted. This means you must come to all court appearances on time and respect the authority of the court throughout your proceedings.
Calculating Child Support After a PA Divorce
The amount of child support paid can be one of the most contentious issues after a divorce. Child support is meant to make sure both parents are contributing to their child’s well-being, but some parents may struggle to make payments after losing a job. Unfortunately, Pennsylvania family courts come down harshly on parents who miss payments, which is why it is important to make sure you pay on time and pay the right amount.
We know your problems are unique & special.
Call us, we will listen.
(610) 645-0100
Meet Attorney