pennsylvania divorce finances | Pennsylvania Family Law Blog - The Law Offices of Sheryl R. Rentz

Financial Points to Consider During Divorce

By Sheryl Rentz on April 8, 2013

During your first meetings with an experienced Pennsylvania divorce attorney, you’ll begin to discuss your financial situation.  In some ways, divorce is like splitting up a business partnership: both processes focus on dividing assets and debts in a way that neither unfairly rewards nor unfairly burdens either party.

If you’re considering divorce or have recently filed for divorce, here are a few financial points you’ll want to consider:

• Bank Accounts. Joint bank accounts (in both your name and your spouse’s name) can often be divided equally, especially if both parties agree this division is fair.  If you don’t typically keep an eye on your household’s shared accounts, now is a good time to start. Read the rest »