It is important in a marriage that both spouses understand and be satisfied with the financial terms of the marriage. After all, marriage in Pennsylvania and throughout the country is a legal contract between two individuals. This is why prenuptial agreements are so important. Approximately half the marriages in the U.S. end in divorce, so it pays to be prepared. Recognition of that wisdom appears to be spreading, as many more married couples are now utilizing postnuptial agreements, which are essentially prenuptial agreements that are signed after the wedding.
Property division need not leave Philadelphia divorcees broke
Divorce is a major decision. With so many financial issues and decisions to face, the parties involved in a Pennsylvania divorce will likely benefit by using a financial planner to assist in property division issues and gauging long term goals. This can be helpful in formulating a fair and complete settlement agreement that considers current and future financial needs.
Some in Philadelphia muse: Facebook IPO means more divorce
Facebook has been blamed as a contributing cause in divorces in recent years due to spouses flirting or cheating using the online service. Now, there are some in Pennsylvania and elsewhere who think an association with the social network may cause divorces in a different way.
Dennis Rodman divorce, child support in the news again
Child support and other family law obligations aren't issues anyone in Pennsylvania can overlook. It doesn't matter if you happen to be in the lower class, middle class, or the ranks of a higher class, as is Dennis Rodman, the former NBA basketball star. He was recently sentenced by a family court to complete 104 hours of community service. The sentence comes as a result of four counts of contempt for the failure to pay some child support.
Charlie Bell demands alimony from estranged wife
Charlie Bell claims his estranged wife. Kenya Bell, should be forced to pay him alimony, despite his having more than $1 million in his bank account. Residents of Philadelphia may know Bell as a professional basketball player that was dropped from the NBA last year.
