Division of Property in Philadelphia Divorces

In Pennsylvania, the division of property during a divorce follows a two-step process:

  1. Distinguishing marital property from separate property.
  2. Equitably dividing marital property. (Note: “Equitable” does not always mean a 50/50 split).

Marital Property

Marital property includes:

  • All assets acquired during the marriage, regardless of whose name is on the title.
  • Any increase in value of non-marital property (measured up to the date of separation or equitable distribution hearing, whichever results in a lesser increase).
  • Ownership title is irrelevant—if acquired during the marriage, it is generally considered marital property.

Separate Property

Assets classified as separate property include:

  1. Property acquired before marriage.
  2. Assets specifically excluded by a valid prenuptial, postnuptial, or marital agreement.
  3. Gifts or inheritances received by one spouse.
    • Exception: If the gift was given to both spouses, it is considered marital property.
  4. Assets acquired after final separation but before the divorce is finalized.
  5. Veterans’ benefits (unless a portion of military retirement pay was waived in exchange for compensation).
  6. Legal settlements or awards accrued before marriage or after final separation.
    • Key Date: The court considers when the right to the settlement “accrued,” not when the payment was received.

Experienced Divorce Lawyer in Philadelphia

Attorney R. Badet is a skilled divorce and family law attorney committed to guiding clients through the complexities of property division, child support, spousal support, and custody matters. Whether handling simple or high-asset divorces, he ensures a fair and favorable outcome for his clients.

For expert legal advice, visit www.lawyersfordivorces.net or call 267-277-2641 for a free consultation today.


Related Searches for Divorce & Family Law Attorneys

  • Divorce and family law attorney
  • Best-rated divorce lawyers near me
  • Affordable divorce attorneys
  • Family law firms in Philadelphia
  • Low-income divorce lawyers
  • Divorce lawyers for men
  • Uncontested divorce lawyer near me
  • Child custody and property division attorney

For those seeking legal representation in a divorce, searching “divorce attorney near me” or “family lawyer in Philadelphia” can help connect individuals with qualified professionals to protect their financial interests.