Understanding Equitable Distribution of Marital Property in Pennsylvania
Dividing assets fairly during a Pennsylvania divorce can be complex and emotional. Pennsylvania follows equitable distribution, meaning courts divide property fairly—not necessarily equally. Understanding how this process works helps spouses protect their financial future. Margaret Zylka House, Attorney at Law in Connellsville PA, provides legal guidance to ensure a fair outcome.
Understanding Marital vs. Non-Marital Property in a Pennsylvania Separation
Pennsylvania courts divide only marital property, which includes assets gained during the marriage. Non-marital property remains with the original owner and may include:
- Assets owned before marriage
- Inheritances or gifts given to one spouse
- Property protected by a prenuptial agreement
Identifying marital and non-marital assets plays a key role in the division process.
Factors Courts Consider in Equitable Distribution
Judges evaluate several factors when dividing assets, including:
- Each spouse’s income and financial contributions
- The length of the marriage
- Age, health, and future earning potential
- Custody arrangements and child-related expenses
- Contributions as a homemaker
Courts strive for fairness, but equitable does not mean an automatic 50/50 split. One spouse may receive a larger portion based on financial need and contributions to the marriage.
Learn About the Common Assets Divided in a Pennsylvania Divorce
Dividing assets requires identifying and valuing key property, including:
- Real estate – The marital home, vacation homes, or rental properties
- Bank accounts and investments – Checking, savings, retirement funds, and stock portfolios
- Businesses and professional practices – Ownership stakes and business income
- Vehicles and personal property – Cars, jewelry, furniture, and valuable collectibles
- Debts and liabilities – Mortgages, credit card balances, and loans
Get Fair Asset Division with Legal Help from Margaret Zylka House, Attorney at Law
Dividing marital property requires strategic negotiation and legal knowledge. Margaret Zylka House, Attorney at Law in Connellsville PA, helps clients protect their assets and secure fair settlements.
For more information on our legal services, call (724) 628-4955. Visit us on Facebook for our latest news. Our attorneys are ready to help you in dividing assets fairly during a Pennsylvania divorce.
