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Daylight Tax Savings - Don’t Get Caught Sleeping

As we head into another Autumn season and prepare to turn back our clocks, many folks are in the final stages of their divorce and are preparing to "spring forward" into their new post-divorce life. With all the distractions and mixed emotions that can be felt during this time, divorcing couples can easily overlook the possibility that they may not receive a divorce decree by year's end, due to seasonal court holiday backlog and other delays. Although couples may have included tax terms in their divorce agreement addressing their divorced status, they have nothing in place that addresses the tax consequences of still being married by year's end. This could result in thousands of dollars of lost tax savings and end up in an unforeseen dispute between divorcing spouses at the most inopportune of times. Being attuned to this situation early on can save you a bundle of money, and at a time when you most need it. Otherwise, it could be the costliest nap you ever took.


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Pennsylvania grants a fault divorce if a spouse deserts without reasonable cause for one or more years, commits adultery, endangers the life of his or her partner or subjects a partner to cruel or barbarous treatment, was already married to someone else (bigamy) when he or she married, was sentenced to jail for longer than two years, or has made the conditions intolerable or life burdensome.
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