Shemtob Draganosky Taylor Equitable Distribution Property

Montgomery County Equitable Distribution of Property Attorneys

The divorce lawyers at Shemtob Draganosky Taylor Stein, PC are experienced in handling property distribution cases. In Pennsylvania, the court divides all marital property in an equitable manner. However, the term “equitable division” does not necessarily refer to an equal division.

Contact us to learn more about your equitable distribution rights.

Marital Property Defined

Although there are some exceptions, assets acquired during the marriage, regardless of how they are titled, are part of the marital estate and therefore subject to equitable distribution. This will include assets such as real estate, pensions, 401ks, IRAs, businesses, brokerage accounts, stock options, stocks, CDs, money market accounts, bank accounts, the cash values of life insurance, automobiles, jewelry, and personal property.

Gifts from third parties and inheritances are excluded as marital assets. However, if these gifts were used to make a joint purchase or were put into a joint home, the jointly purchased property is included as a marital asset.

At Shemtob Draganosky Taylor Stein, PC, our attorneys work to ascertain exactly what should be included and excluded from the marital estate. When appropriate, we engage experts to value businesses or real estate. Our goal is to ensure all assets are located and that the correct value is assigned to each asset.

Factors When Determining Marital Property Division

When determining an equitable division of marital property, the court considers several factors, among them are which spouse is the custodian of the minor children, which spouse is earning more money and has the ability to earn more money, and whether either has money set aside in their own name that is not marital property. The court then determines an equitable division of assets based on the specific circumstances of each case.

Contact Shemtob Draganosky Taylor Stein, PC today to learn more about marital property distribution and how we can help you.

What Drives Our Firm

Experienced. Strategic. Focused.
  • We Know the Law & Learn the Facts

    We learn your story and we live it. Our team prides themselves on listening and learning every fine detail. More importantly, we remember those details in court and at the negotiation table. When you put your case in our hands, we provide you with the personal attention and commitment you and your case deserve.
     

  • Information Powers Outcomes

    Our attorneys believe it is their duty to empower and educate people about their rights in divorce. Propelled by a responsibility to give back to the community, several divorce lawyers within the firm regularly speak and teach at civic groups and bar associations.

  • Reputable & Trusted Family Law Attorneys

    Named as a Pennsylvania Super Lawyer each year since 2006, the firm’s founder, Lori K. Shemtob, is a Fellow of the American Academy of Matrimonial Lawyers (AAML)  — an esteemed honor held by only 74 family law lawyers in all of Pennsylvania. She served as AAML’s President of the Pennsylvania Chapter from July 2016 through July 2017.

  • From Big Firm to Boutique Firm

    Our story begins with a group of lawyers who came from big firms with a passion to create a better experience for our clients. Each lawyer's knowledge and experience contribute to innovative strategies in court and settlement negotiations. Our commitment to excellence takes our divorce and family law firm well beyond the ordinary.

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