If a couple cannot reach a settlement during a divorce, the court will decide how to divide the marital property. This includes assets and debts. In Pennsylvania, marital property is subject to equitable distribution, which means "fair," not "equal." You may need an attorney on your side to argue for what is fair to you.
Purcell, Krug & Haller is home to experienced property division attorneys. Our Harrisburg and Hershey lawyers understand divorce law and know how to fight for your rights during property division. Please call our Harrisburg office at 717-260-3485 today.
Property Division Factors
Pennsylvania is an equitable distribution state, but that does not mean the marital property will be divided 50/50. The division is based on factors such as:
- Age and health of each person
- Income and employability of each person
- Marriage length
- Child custody
- Contributions each party made to the acquisition of marital property, including the contribution of a party as a homemaker
- Standard of living during the marriage
Marital fault, such as adultery, is not one of the factors the court considers during property division. As your Harrisbburg and Hershey attorneys, we will work to protect your financial assets during this process.
Marital Assets and Debts
Marital assets are those that are acquired during the marriage, even if only one person made the purchase. Assets can include:
- Real estate (primary residence, vacation home or other property)
- Personal property (such as vehicles, art and jewelry)
- Retirement accounts
- Stock options and portfolios
You must also divide the marital debts, including mortgages, loans, credit card balances and taxes.
For a free consultation with a Dauphin County property division attorney, please call717-260-3485 or contact us online.