Legal issues can arise among families. This blog has previously discussed family law issues and why it is important to address them appropriately. One topic we have touched on is prenuptial agreements. Regardless of one's wealth or strength of relationship with his or her soon-to-be spouse, a prenuptial agreement can prove to be beneficial. It can put minds at ease while at the same time ensuring financial protection in the event that a marriage ends. Yet, sometimes when the time comes to untie the knot and dissolve a marriage, the terms of a prenuptial agreement may not seem so favorable. In those instances, it might be wise to try to figure out if the agreement can be invalidated.
Family law matters, as it relates to child custody, tends to favor mothers. If you are a woman, this is a good thing. If you are a father who is hoping to secure parental rights, then this may pose as a barrier. For these men, establishing paternity can be a crucial first step. Yet, mothers, too, can find establishing paternity just as important.
Raising a child can be quite expensive. When young, children will need diapers and baby food as well as childcare. As they age, the expenses may change, but they remain constant. School supplies, clothing, food and extracurricular activities can all put a massive dent in parents' wallets. While covering these costs can be difficult for just about anyone, it can be particularly challenging for single parents.
The decision to get married is often one that is made out of love, and this is rightly so. Yet, despite the flood of emotions a couple may feel when they decide to take the plunge into matrimony, they need to realize that they are not only making a decision based on what they feel in their heart, but they are also making a decision that can impact their wallet.
Divorce can be a big decision, not only because of the emotional ramifications that can come with ending what was once a strong relationship, but also because of the financial impact it can have on an individual's post-divorce life. Of course, child support and alimony can play key roles in the financial outcome of a marriage dissolution, but perhaps an even bigger piece of the financial picture is property division. Pennsylvania recognizes equitable distribution of assets upon divorce, which means that property is divided in a way that is fair but not necessarily equal.
If you're about to get married, then you may find yourself concerned about a number issues; not least amongst them is your finances. Sure, you've probably discussed a budget with your soon-to-be-spouse, but since you've likely heard a number of horror stories involving divorce and financial ruin, you might be worried about what will happen should your relationship with your spouse sour.
In our previous post, we began discussing the topic of the best interests of the child and how family courts make child custody determinations in Pennsylvania. As we noted, Pennsylvania judges have wide discretion in making these decisions and, as in other states, weigh a number of factors in determining what arrangement is best for a child.
Child custody is an important issue in divorce, and typically the most important issue for divorcing parents. One of the challenges parents can face in child custody proceedings is that the mode of advocacy is different than it is for financial matters. Whereas financial disputes in divorce are aimed at representing the rights and interests of each spouse against the other, child custody is not primarily about either of the parents.
It is well known that Pennsylvania has a very aging population. Accordingly, I have many clients inquire about the "Probate Process" in the various Pennsylvania counties. Quite simply, when an individual dies they either die with or without a Will. If they die without a Will, it is called dying intestate. Dying with a Will is called dying testate.
As technology continues to evolve and people manage a greater number of their assets and personal lives online, it has become prudent to consider your digital assets and web presence when crafting a Last Will and Testament. Take a moment and think about all of the items that are stored on your computer or online. Chances are that you have pictures, videos, documents (both personal and work related), music and books stored on your computer or tablet. Additionally, you likely have multiple e-mail addresses, social networking accounts, bill payment accounts and shopping accounts such as Amazon or Ebay. Finally, you may even have a personal website, an online investment account or an online business.