During a high-asset divorce, retirement plans are often a significant portion of the marital estate. Determining how to divide these assets can be rather difficult, but it is an important part of the divorce process. Fortunately, couples can ensure a fair division of...
Family Law
Divorce and business ownership: what to expect
Unless you and your spouse were only married a very short time before filing for divorce (or if you have a prenuptial agreement), you will have to deal with property division. This can be a delicate and complex process, especially if you, your spouse, or both of you...
“You’ve Lost that Loving Feeling”
Now how do you sever your financial ties. by Julie A. Auerbach, as published in The Philadelphia Lawyer, Summer 2020 Edition Broken hearts may not be the only fallout from the breakup of an unmarried couple. The severing of these romantic ties may also have financial consequences. Untangling jointly held assets, such as real estate and bank accounts, are common…
When Does Child Support End?
When Does Child Support End? Generally speaking, the obligation of one parent (usually the one with partial physical custody) to the other parent (usually the one with primary physical custody) for payment of child support ends when the child reaches age 18 or graduates from high school, whichever comes last. As with many matters, there are exceptions. There remains a…
After you are divorced
You got your divorce decree or had your support or custody hearing, but that doesn’t mean that you won’t be seeing much of your family lawyer anymore. In actuality, you may need to build a relationship with your attorney until each of your children turn 18. Here are some things to think about. (more…)
The Problem with Joint Legal Custody: When Household Rules Differ
Attorney Julie Auerbach was interviewed yesterday on “The American Law Journal” presents “The Problem with Joint Legal Custody: When Household Rules Differ” . The Problem With Joint Legal Custody On Monday’s ‘The American Law Journal’ The Legal Intelligencer March 31, 2017 “Today courts are leaning more towards 50/50,” says family law practitioner Julie Auerbach. But are judges equipped to handle…
The 95% Rule for a Custody Case
Only 5% of what you tell your lawyer about your custody case will be important enough to make it’s way to trial, if there is one. Getting to that 5%, however, is going to take hours of telling your attorney about your life, including information that you don’t think has anything to do with custody. But just about everything that…
VALUING ASSETS IN DIVORCE
When divorce includes property division claims, one of the more difficult tasks is determining how to value the assets, which must be done unless the parties can agree on values. For real estate we usually need a formal appraisal, although sometimes a realtor letter will do. To get net value, we need payoff statements for all mortgages, liens and tax…