Monthly Archives: January 2025
How Are Businesses Appraised During a Divorce?
Pennsylvania is considered an equitable distribution state. That means that assets are divided fairly—not necessarily evenly. All assets that are considered a part of the marital estate are divided between the parties to a divorce. In order to do this fairly, assets, including businesses, must be appraised. The process of valuating a business is… Read More »
Study: Rates of “Gray Divorce” Have Tripled Since 1990
Divorce among those aged 65 and over has tripled since 1990, according to a recent study. In 1990, the rate of divorce among seniors was only 5%. Today, that number has ballooned to 15%, according to the National Center for Family and Marriage Research at Bowling Green State University. Two factors that have led… Read More »