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COBRA Coverage After Divorce: Costs, Duration, and Staying Insured

Key Takeaways COBRA coverage after divorce enables an ex-spouse to maintain employer-sponsored health insurance for a brief period. It applies when one spouse loses coverage through divorce, providing up to 36 months of continuation under the same group plan. Premiums typically are the entire cost plus a small admin fee. Eligibility, notice deadlines and enrollment …

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Overtime, Bonuses, and Evidence: Calculating Child Support Obligations

Key Takeaways Overtime and child support calculation states are different as to whether overtime counts as income and how you average irregular hours. Popular methods are pro rata, average overtime and rebuttable presumption. Custody split, existing income, and mandatory deductions alter the equation. The sections below describe each approach, provide sample math in metric amounts, …

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College expenses after divorce in Pennsylvania: Who pays and what to plan for

Key Takeaways College expenses after divorce Pennsylvania are the fees parents and students encounter for postsecondary education upon a marital breakup in PA. This includes who pays college tuition, how courts split responsibility, and things like scholarships, payment plans or financial aid modifications. Custody arrangements, parental income, and court orders all play a role. Below …

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Updating Your Pennsylvania Estate Plan During and After Divorce

Key Takeaways Divorce and estate planning Pennsylvania are smart steps that safeguard assets and heirs when a marriage dissolves in the state. Divorce in Pennsylvania law impacts property division, beneficiary designations, and wills, so prompt updates minimize conflicts and tax consequences. Typical steps involve updating wills, trusts, power of attorney, and retirement plan beneficiaries to …

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Divorce and Small Business Owners: What to Know About Valuation, Division, and Protection

Key Takeaways Divorce and small business owner refers to the legal and financial process when an owner ends a marriage while managing a private company. It addresses separation of business assets, valuation techniques, tax impacts, and transition of staff and customers. Key concerns are safeguarding your business credit, determining well-defined roles during transition, and selecting …

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How to Protect and Rebuild Your Credit During and After a Divorce

Key Takeaways Divorce and credit score protection is about how individuals work to maintain their credit when splitting up. It discusses splitting joint accounts, keeping an eye on credit reports, and establishing payment plans for shared debt. Taking early action can reduce missed payments and minimize the risk of identity or debt abuse. What follows …

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Who Is Responsible for Joint Debt After Divorce and How to Protect Your Credit?

Key Takeaways Joint debt responsibility after divorce means that both exes can continue to be legally liable for joint debts unless accounts are switched or refinanced. Courts apportion the financial responsibility through the divorce decree, but creditors can still pursue either party for payment if accounts remain joint. Typical shared debts include mortgages, car loans, …

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Divorce Discovery Process in Pennsylvania: Purpose, Types, and How to Prepare

Key Takeaways Divorce discovery process Pennsylvania is the procedure that allows each spouse to gather information and evidence prior to trial. This includes written questions, requests for records, sworn statements, and expert reports to shed light on finances, assets, and custody. Timelines adhere to state laws and local court orders, with explicit responsibilities for disclosure …

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