Pennsylvania Family Law Blog – The Law Offices of Sheryl R. Rentz
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.
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.
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.
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.
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.
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.
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.
Since announcing the finalists for the 2021 Key to the Bright Future Scholarship, our team at the Law Office of Sheryl Rentz, P.C., has been hard at work reading and re-reading their essays. Picking a winner for the Key to the Bright Future Scholarship was difficult, so difficult that we actually couldn’t decide just one winner! Each of our finalists wrote amazing essays, and we were captivated by how they found balance between their schoolwork, extracurricular activities, and career goals. That is why we are awarded each of our finalists a $500 scholarship!
Each year, the Law Offices of Sheryl R. Rentz, P.C., is astounded at the amount of support we receive for the Key to a Bright Future Scholarship. Each essay we have the honor of reading contains an insightful and inspiring message, and we are grateful for the chance to hear your stories. After reading through the applications, we have decided on the 2021 finalists, two of whom will go on to win a $500 prize each!
Going through a divorce after you have filed a personal injury claim can feel overwhelming, and it is normal to feel concerned about how the two cases may overlap. You may have worked very hard to recover compensation for your injuries and get your medical bills covered. You may even have a fair amount of money left over from the settlement, but now, you may be worried about whether your ex can claim a portion of it in your divorce.