The State College law office of Masorti & Donaldson, P.C., provides representation for the equitable distribution of property during divorce. Our experienced family law attorneys serve clients throughout central Pennsylvania faced with property division and debt issues.
Attaining Equitable Distribution
Conflicting priorities between spouses can make property division and accountability for debt a challenging process. In Pennsylvania, equitable distribution divides assets fairly but not equally. If spouses are unable to reach an amicable agreement, the court will decide how to divide assets. For high net worth individuals, this can be a complex process that requires outside experts to conduct appraisals and other valuations to determine the value of property.
In addition to the amount of assets involved, the court considers a range of other factors to determine property distribution during divorce, including age, income, health, length of the marriage, employability of the spouses and if either spouse helped the other to attain education and training. Further consideration is given to any debts involved with the spouses. In some cases, debt relief in the form of bankruptcy may be part of the divorce process. We are skilled with handling debt relief cases and will protect your best interests under the Bankruptcy Code if your financial situation requires it. In every case, our experienced asset division lawyers will ensure your voice is heard and your rights are protected when the determination of property division is made.
From our thorough understanding of clients' needs and extensive experience handling property division, we are enabled to pursue the results every client expects to achieve. We recognize the concern clients have about their financial future and do everything possible to ensure property is divided fairly and our clients' rights are protected throughout the legal process.