There are many factors the Court considers in deciding the division of marital assets in Pennsylvania, including:
- Age of the parties
- Health of the parties
- Length of marriage
- Difference in income
- Whether one party was a stay-at-home parent
- Whether one party has a large amount of non-marital assets
Marital Assets
Any asset acquired from the date of marriage through the date of separation is a marital asset, regardless of how it is titled or who paid for it. The increase in value of an asset brought into the marriage by either party is also a marital asset.
These assets include:
- real estate;
- automobiles;
- household items;
- boats;
- IRAs;
- 401(k) accounts;
- retirement assets;
- pension plans;
- investments;
- stock options;
- business interests; and
- other assets.
Debt
Debt acquired from the date of marriage through the date of separation is divided when a Husband and Wife divorce. The Court considers many factors in determining how much debt will be attributed to each spouse.
