If you and/or your spouse have amassed significant assets, both financial and material, dividing them may be complicated. High-net-worth individuals (HNWIs) are loosely defined in the financial services industry as having liquid assets significantly above average, with yearly income in the high six figures or more. In addition to salary, HNWIs might also have significant…
Pennsylvania family law changes in 2018 significantly impacted the rights of persons divorcing or adopting, and their children. Looking backward over this past year, here are a few statewide and federal legal changes that will affect divorce law, support calculations, custody, alimony and guardianship. Collaborative Law Act. I always feel that sitting at a table…
Divorce is difficult, financially and emotionally. This is a given. Even in the most amiable of separations, the discussion of assets and debts can easily become clouded by feelings of guilt, anger, embarrassment, defensiveness, even vindictiveness. In marriages with high assets, emotions can be heightened. Typically, one of the spouses is more financially savvy than…