During a divorce, parties must agree on equitable distribution of marital property. This includes both real and personal property. Separate property may include gifts such as the engagement rings, exclusions that are taken into account in a post- or pre-nuptial agreement, as well as items that were obtained before the marriage or after the separation of the parties. This…
During a divorce in Pennsylvania, the spouses must work together to determine what is considered marital and non-marital property. In some cases, it is easy to determine which is which. However, in other situations, the lines are blurred and it can be more difficult to make these differentiations. This is where a judge may be helpful to divvy up…
When two households merge, it can be difficult to determine over the years how to equitably distribute the martial property when the couple divorces. There are items that one individual may have brought into the marriage as well as items that were obtained during the marriage. Dividing this may seem like an insurmountable task for a judge to take…
When a divorce occurs, the court must determine equitable distribution of marital property. Attorney Jack A. Rounick in Norristown, PA helps individuals in determining what is marital (or “community” property) and what is considered “separate” or “personal” property. Marital property is considered anything that was acquired during the marriage. This may include the house, bank accounts, and even credit…
When couples split from a marriage, several different aspects of the split need to be considered. If children are involved, child support and a parenting plan must be developed and followed. Some individuals need protection from abuse to ensure their safety. Others may need to address pre-nuptial and post-nuptial agreements that may have been signed in the past, and…
Not every separation or divorce leads to an actual trial through the courts. This is because most of the issues surrounding equitable distribution of marital property for individuals in Southeastern, PA can be handled between attorneys. Otherwise, if clients cannot come to an agreement, the issue may be handled by the court system. To avoid this, many work with…
Southeastern Pennsylvania clients who are going into the process of a divorce may be faced with a lot of legal terminology they may not be familiar with. This is why having an attorney can help. At the Law Offices of Jack A. Rounick, LLC, clients can rest easy knowing they have a professional on their side who can offer…
Marriages are legal contracts so there must be acceptable grounds, or reasons, for breaking them. The Commonwealth of Pennsylvania recognizes both fault and no-fault divorce. Regardless of the grounds for divorce, spouses may need to go through the process of equitable distribution. This means they divide marital assets and debts. In Pennsylvania, property is characterized as separate property (belonging…
When a couple decides to end a marriage there are many factors to consider. While many of these considerations are emotional, there are others that are practical or legal. One of the biggest considerations a couple must address is deciding who gets what. In Pennsylvania this term for dividing material assets and debts is called “equitable distribution.” Our state…
When a marriage ends, deciding who gets what is often one of the most difficult parts of the divorce process. Often sentimental, and real, value can create difficult conversations, uncomfortable negotiations, or even heated arguments. The best case scenario is when the individuals can reach an agreement either with or without their attorneys. However, if an agreement cannot be…
