property division

Pennsylvania Property Laws

By Anna Ciardi Cordell & Cordell Pennsylvania Divorce Lawyer According to Pennsylvania property laws, the term that applies to the division of marital property in Pennsylvania is equitable distribution. Pennsylvania Definition of Marital Property Note that “marital property” means all property acquired by either party during the marriage in addition to the increase in value of any nonmarital property acquired prior to the marriage (or in exchange for property acquired prior to the marriage) and the increase in value of any property acquired by gift, bequest, devise, or descent during the marriage (or property acquired in exchange for such property). Read more