Pennsylvania Family Law Blog – The Law Offices of Sheryl R. Rentz
How An Attorney Can Help You Navigate a High-Asset Divorce
No divorce is easy. A high-asset divorce is even more complicated than a standard divorce. Because the spouses in a high-asset divorce have retirement accounts, substantial investments, family businesses and other items they’ve acquired and worked on together, the help of an attorney who specializes in high-asset divorce questions is invaluable when the time comes to separate.
How can a Montgomery County high asset divorce attorney become your best ally during this difficult time? Read the rest »
Enforcing Divorce Agreements in Pennsylvania
A divorce agreement sets in place child support, alimony, child custody and even the division of property. Even when both spouses are willing to negotiate, there are still a number of conflicts that may arise when finalizing the details of an agreement. Once the divorce is settled and the agreements are signed, it is important that they are followed. If your ex is failing to live up to his or her side of the agreement, you should act quickly to protect your rights.
The first step you can take is to contact the family court to inform them that your ex is not following the terms of the agreement. If this does not change your situation, you may want to consider your legal options. You can take action if the other parent violates the custody agreement or if your ex refuses to pay alimony or child support. Read the rest »
Understanding High-End Divorce in Montgomery County PA
High-end divorces involve the careful evaluation and protection of complex financial holdings. Sheryl R. Rentz is a high-asset divorce lawyer in Montgomery County PA. At the Law Offices of Sheryl R. Rentz, P.C., we focus on helping high-net-worth individuals effectively manage divorce.
Whether your case involves business ownership, real estate, investments, or luxury assets, our firm has the resources and financial insight needed to protect your interests and secure a favorable outcome.
Working With a Pennsylvania Attorney to Plan in a High-Asset Divorce
If you are considering a divorce, then you are already keenly aware of the emotional stakes. But a divorce is also a financial arrangement – and this is never truer than when the spouses seek to divide a high-asset estate between them. By working with an experienced Pennsylvania divorce attorney who understands high-asset divorce issues, you can protect your financial health as well as your legal rights.
One place to start is to work with your attorney to create a specific, proactive plan for dealing with your divorce. A lack of planning puts you on the defensive, in a “reactive” stance automatically, setting you at a disadvantage and often resulting in unnecessary delays. Read the rest »
New Pennsylvania Bill Would Force Rapists to Pay Child Support
Under current Pennsylvania law, a woman who has a child from rape can ask a judge to end the rapist father’s parental rights. This means that the father who committed the rape will not have custody or visitation rights. However, women who end the rapist father’s parent rights also surrender their ability to collect child support from the father. According to a news report in The Express-Times, a new bill has been proposed to allow a mother to end parental rights while still collecting support.
Democratic State Representative Mike Schlossberg proposed the bill that would close this loophole. It was vetted by the House Judiciary Committee last year and has recently been folded into another bill that is currently in the House. It is now part of the larger legislation regarding the termination of parental rights for sexual offenders. Read the rest »
Steps to Take When Facing a High-Asset Divorce
High-asset divorces pose questions that ordinary divorce cases do not. While partners in a low- or middle-income family typically wonder how to support two separate households, partners in a high-asset divorce are primarily concerned with ensuring that their respective shares of their assets are distributed equitably, in a way that allows both the adults and children to maintain their standard of living.
Choosing an experienced Pennsylvania high-asset divorce attorney should be your first consideration when dissolving a marriage and wondering how to protect your assets. Other steps to take include: Read the rest »
Husband of TV Star Seeks Money During Divorce
Zoe McLellan, star of the show NCIS: New Orleans is in the midst of a difficult divorce from her husband. According to a TMZ news report, her husband, actor J.P. Gillain, is seeking joint custody. The actress allegedly believes that her husband is only seeking custody as a ploy to get child support now that she is successful. The court documents reveal that she will earn $45,000 per episode. A representative for the actress states that her husband has “never been a hands-on dad.” Read the rest »
IRS Reports Billions in Alimony Discrepancies
When filing for taxes, you must inform the Internal Revenue Service (IRS) of the amount of money you paid or received in alimony. According to a news report in The Associated Press, there was about $10 billion in reported alimony payments made in 2010, but only $8 billion reported received by spouses. In fact, there was a $2.3 billion gap between what people said they paid and what people reported receiving. The IRS reports that there were discrepancies in 47 percent of the claims that included alimony deduction. Some spouses claimed to not have received any alimony while others reported far less than they actually received. Read the rest »
Understanding Collaborative Divorce in Pennsylvania
Most divorces are stressful and expensive. Getting a divorce in Pennsylvania is particularly challenging when the two parties disagree on important issues such as child custody and property disbursement. A lot of time and money can be saved when the two parties are able to come together and make decisions without involving the divorce court. This is known as a “collaborative divorce” and it is an ideal approach to avoid a judge making some major decisions for you and your family. Read the rest »
Why Choose a Pennsylvania Attorney Who Specializes in High-Asset Divorces?
Your divorce may be one of the most emotionally difficult periods of your life. But it is also important to remember that divorce is, in a sense, a business transaction. You and your spouse have spent years or even decades building assets and managing bills and debts together, and you are entitled to an equitable share of the work your marital estate represents.
Financial and business issues loom largest in high-net-worth divorces. A divorce may be considered “high net worth” if:
- One or both spouses are high income earners, and/or
- The couple has accumulated significant assets. Read the rest »
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