Chalfont Equitable Distribution Lawyers
Family Law Attorneys Vigorously Represent Spouses in Equitable Distribution Proceedings in Chalfont, PA Divorces
When couples divorce, especially if they have been married for an extended period of time, it is often necessary for spouses to divide assets and liabilities. Under Pennsylvania law, they are considered part of the “marital estate” and must be divided between the parties through a process known as equitable distribution. In equitable distribution, assets and liabilities are not equally divided between spouses but instead are divided in a manner that is most fair to both parties considering their individual circumstances. Regardless of whether both spouses worked during the marriage or whether only one spouse was the “breadwinner”, the law recognizes that both spouses are entitled to have their respective contributions to the marriage and family acknowledged and rewarded by equitable distribution.
If you and your spouse must undertake equitable distribution as part of your divorce, contact the experienced Chalfont equitable distribution lawyers of Rubin, Glickman, Steinberg & Gifford today to speak to one of our attorneys to discuss the circumstances of your case and to learn more about your legal rights and options. We offer a free, initial consultation so why not call us today to schedule an appointment. We can be reached at 215-822-7575.
Chalfont, PA Family Lawyers Provide Experienced Legal Advice During Equitable Distribution
Pennsylvania is an equitable distribution state. This means that when a court divides marital assets and liabilities between a divorcing couple, it is not required to divide them equally but instead in a manner that is fair to both spouses under the individual circumstances of their family. Courts will consider a number of factors when determining how to divide assets and liabilities between spouses, including:
- The length of the marriage
- The income of each spouse
- The earning capacity of each spouse
- The contribution of each spouse to the marital estate or to a particular marital asset
- The age and relative health of each spouse
Courts do not consider the fault of the spouses for the dissolution of the marriage; thus, factors like infidelity are not considered by courts in determining an equitable distribution. However, even if one spouse made most of the financial contributions to the marriage, equitable distribution ensures that all contributions made by both spouses to the marriage, including contributions to the family and to the household, are recognized.
Our Chalfont equitable distribution attorneys can help you understand your rights and options and fight to ensure that you receive a fair share of the marital estate. In addition, our lawyers are experienced helping high-asset couples with equitable distribution, ensuring that complex and unique assets like real estate, brokerage accounts, and business interests are properly valued and divided between spouses.
Why Trust Rubin, Glickman, Steinberg & Gifford to Help You with Your Equitable Distribution Matter?
When you and your spouse are trying to divide your hard-earned wealth between yourselves, it is important that you have legal representation that ensures you receive a fair distribution. For over 65 years, the attorneys at Rubin, Glickman, Steinberg and Gifford have worked tirelessly to represent the interests of families across Pennsylvania. We strive to ensure that we maintain a high level of excellence for our clients, whether that be through continuing legal education in areas of family law or with the adoption of new technologies to more effectively and efficiently pursue our clients’ cases.
We know that equitable distribution can easily become a divisive issue that can throw your divorce off-track. Our attorneys are highly experienced with efficient and effective resolutions of equitable distribution matters through negotiation. Despite that, we will not hesitate to fight on your behalf in court to ensure that you receive a division of assets and liabilities that is fair to you and recognizes your contributions to your marriage.
Our firm’s dedication to excellence has been recognized among our peers. Our partners Marc Steinberg, Gregory Gifford, Jay Glickman, and Amy Stern have each been named by their fellow attorneys as Pennsylvania Super Lawyers. In addition, many of our associates have also been named by their peers as Pennsylvania Rising Stars. Our firm has previously been named Best Law Firm by The Reporter’s Readers’ Choice and a US News and World Report “Best Law Firm.” And since 1992, Rubin, Glickman, Steinberg & Gifford has received the top AV rating by Martindale-Hubbell Peer Review for our commitment to ethical representation.
Let Our Chalfont, PA Family Law Attorneys Guide You Through the Equitable Distribution Process
It can be emotionally difficult and uncomfortable to try to resolve financial matters between you and your spouse when divorcing. We understand how tough it can be to let go of assets that may have sentimental value to you, or to not receive a share of your family’s wealth that you believe rightly belongs to you. If you are in the middle of the equitable distribution process in your divorce in Chalfont, contact Rubin, Glickman, Steinberg & Gifford today to schedule a consultation with one of our experienced family law attorneys to learn more about your legal rights and options in the equitable distribution process.
About Chalfont, PA
Chalfont is a borough located in the Delaware Valley area of Bucks County, Pennsylvania. Chalfont is named for Chalfont St. Giles, the Buckinghamshire, England home of Pennsylvania founder William Penn’s first wife. Chalfont’s Historic District, home to many colonial-era and Victorian-era structures, is listed on the National Register of Historic Places. In the 1700s and 1800s, Chalfont was known by a series of names, including Butler’s Mill, Kungle’s Tavern, Barndtsville, and Whitehallville. Chalfont’s growth was fostered by the construction of a train station in the mid-19th century by the North Pennsylvania railroad, which brought more residents to the community and led to the construction of the many Victorian homes in the Chalfont Historic District. Chalfont’s growth led to its incorporation as a borough by the early 20th century.
Frequently Asked Questions about Equitable Distribution in Chalfont, PA
It is important to remember that equitable distribution is not about dividing a married couple’s assets equally. Instead, a court is merely obligated to arrive at a fair division of assets. Courts may unequally divide assets between spouses for various reasons, including one spouse having been assigned a greater share of marital debts, or one spouse receiving special assets such as family heirlooms, or the misconduct by one spouse such as infidelity or fraud.
No. Spouses who are seeking a divorce can decide how to divide their assets and debts between themselves in a property settlement agreement. Spouses may either reach a property settlement agreement by negotiating between themselves or through their attorneys or through the services of a mediator. Once an agreement is reached, it is filed with the Court along with other required documents for incorporation into the decree in divorce.