What is equitable distribution under PA laws?
Equitable distribution is the legal term for division of marital assets and marital debts as part of a Pennsylvania divorce action. In Pennsylvania, marital assets and debts are those assets or debts acquired from the date of marriage to the date of separation except those assets and debts that are excluded by a prenuptial or post-nuptial agreement or because they were acquired by gift from someone other than the spouse or through inheritance.
Our Pittsburgh equitable distribution lawyers are experienced in analyzing the financial issues in a divorce case. Our job includes determining whether assets and debts are marital or not, valuation of marital assets and assisting clients with obtaining a fair division of their marital property and debts. Our Senior Associate is an accountant and very skilled at assisting clients with complex financial issues in divorce and support including income calculations, tax considerations and valuation issues involving marital businesses and property.