By: Kristin A. Molavoque, Esquire
Three Common Misconceptions about Equitable Distribution in a Pennsylvania Divorce
by: Kristin A. Molavoque, Esquire
In Pennsylvania, the term "equitable distribution" refers to the process of dividing marital assets and debts. A court will determine how to divide these assets and debts, when divorcing spouses disagree and cannot reach a resolution themselves. Three common misconceptions people have about equitable distribution are:
By law, the court is required to examine several factors in order to equitably divide the parties’ marital property. These factors include, but are not limited to, the age and health of the parties, the standard of living established during the marriage, the length of the marriage, the education of the parties, and the incomes of the parties. To find out more about the factors a court will use when dividing your marital assets and debts, contact Kristin A. Molavoque, Esquire of Molavoque Law LLC.
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Kristin A. Molavoque, Esquire