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Pittsburgh Divorce Law Blog

Prenuptial agreements growing in popularity and necessity: Part II

In our previous post, we began a discussion about the growing popularity of prenuptial agreements. More couples in Pittsburgh and elsewhere are realizing that these documents are not just for the very wealthy or for couples of vastly different ages.

That's why the stigma surrounding prenuptial agreements is dissipating. A poll conducted in 2010 revealed that about one-third of single Americans would seek a prenup from their significant other. Another poll revealed that a significant percentage of family law attorneys saw an increase in prenuptial agreements between 2005 and 2010.

Prenuptial agreements growing in popularity and necessity: Part I

Valentine's Day occurred earlier this week, and the dust may be just starting to settle for many Pittsburgh residents. There are few occasions which illicit such contrasting emotions, and most people either love or hate this holiday depending on their expectations and previous experiences.

Of course, the day is intended to celebrate love, which is why millions of Americans popped the question last Tuesday. But family law attorneys and finance professionals are using this week to remind these love-struck couples about an unromantic topic that will likely need to be discussed sooner rather than later: prenuptial agreements.

Controlling emotions could help you control your divorce expenses

Ending a marriage can be an expensive way to obtain a fresh start. Recent estimates have priced the average American contested divorce as costing anywhere from $15,000-$30,000 for legal counsel, court fees and other related expenses alone.

As the economy is only beginning to recover from long-time devastation, divorce expenses can seem daunting even to couples whose income can be described as "quite comfortable." However, there is one step that Pittsburgh couples can take to reduce the amount of hard-earned income that must be spent on their divorce.

Divorce lawyers note major increase in use of cell phone evidence

Earlier this week, we wrote that information taken from Facebook is increasingly being used as evidence in divorce and child custody battles. The internet and social media sites increase our ability to communicate with one another, but they also leave a detailed record of our interactions that we may not want some people to see.

That's why it is especially important for Pennsylvania residents to be careful when posting anything online, especially if you are going through a divorce. However, according to a survey of family law attorneys, evidence from your phone may also incriminate you.

Evidence from Facebook common in Pennsylvania divorce cases

Family law attorneys in Pennsylvania say that evidence gathered from Facebook is growing more common in divorce cases around the state. The poor behavior of rival spouses often finds its way into divorce and child custody hearings and because of that many attorneys advise their clients to quit Facebook and other social media sites.

Family law attorneys use evidence gathered from social media sites in generally two ways: to protect clients and to substantiate their clients' cases by looking at the online behavior of their former partners. Often, even though their attorney has warned them about the impact of making poor choices online many clients continue to make unsavory decisions. Sometimes family law attorneys are not even aware of the behavior of their clients.

In one case of poor, online decision making, a father posted on Facebook that he wanted to take his anger out by placing a picture of his former wife on a punching bag since he could not punch her in real life. The evidence of that post was used during a child custody hearing and the father ended up losing primary child custody because of the post.

In another instance of unpalatable online behavior, a different father created a fake Facebook profile of his former wife and mother of his children. The fake profile showed the mother in a swimsuit with fake posts and status updates. The father even decided to friend his former wife's actual friends using the fake profile. In court, the evidence of the fake page and the father's actions were admitted and the evidence was factored into the judge's decision.

Thinking through the complex financial process of divorce: Part II

Earlier this week, we began a discussion about the long list of financial considerations involved in getting a divorce, especially when children are involved. Pittsburgh residents who have made the big and difficult decision to get divorced may quickly realize that there are many more big and difficult decisions ahead.

In a recent article, finance professional Linda Descano offered readers her own list of financial steps to take when going through the divorce process. Today's post will focus on some financial decisions surrounding big-ticket items and long-term expenses.

Thinking through the complex financial process of divorce: Part I

Choosing to get a divorce is a big decision in and of itself. But once that decision has been made, there is a long list of other decisions which will need to be made as well, including many large ones that could impact the financial futures of you and your children.

Pittsburgh residents who have recently decided to divorce may be asking themselves, "How do I begin?" Thankfully, there are professionals who know the process and can help divorcing individuals navigate it successfully.

Why legal separation agreements are a good idea

The end of a romantic relationship almost always involves dividing up physical property. For those dating in high school or college, this might mean returning cds, a favorite sweatshirt and a book or two. In the case of a marriage, however, the financial consequences of ending the relationship are almost always more complex.

Due to the complicated nature of financial life after divorce, many unhappy couples in Pittsburgh and elsewhere are choosing to remain legally married, even after separating for good. For some, this may be a financially intelligent decision. However, those choosing this route may greatly benefit from drafting a legal separation agreement in order to avoid significantly negative financial consequences.

What to do with the house in a divorce

The end of a marriage not only takes an emotional toll on those involved, it also poses significant financial challenges. During divorce proceedings, spouses must determine what to do with a variety of assets, including the house. Given the financial consequences related to dividing this significant asset, decisions made regarding the house may be some of the most important aspects of any given divorce settlement process.

Divorcing couples in Pittsburgh have a variety of options to consider when dealing with the marital home in a divorce. First, one spouse may choose to keep the house.

High-net worth divorce for Kobe Bryant after 10 years' marriage

Celebrity divorce settlements are absorbing for many reasons. Beyond the gossip, it can be intriguing to consider, from a legal point of view, what issues may arise during the divorce when substantial income and assets are involved. Even though the divorcing couple may be quite wealthy, however, the division of assets for higher net-worth individuals and couples during divorce follows a similar process to that which anyone seeking a divorce would find. There are some additional issues, of course, such as the valuation of the assets and the determination of what earnings should be shared in the long term. Those extra steps can also add to the cost of the divorce itself.

The Los Angeles Lakers' Kobe Bryant, one of the highest paid players in the NBA, has recently announced his divorce from Vanessa, Bryant's wife of 10 years. Over the course of that marriage, it is estimated that the Bryants amassed a fortune of more than $150 million, and Kobe Bryant's earnings in the years ahead are only expected to increase.