Now how do you sever your financial ties.
by Julie A. Auerbach, as published in The Philadelphia Lawyer, Summer 2020 Edition
Broken hearts may not be the only fallout from the breakup of an unmarried couple. The severing of these romantic ties may also have financial consequences. Untangling jointly held assets, such as real estate and bank accounts, are common byproducts of failed relationships. If there is a broken engagement, disputes may arise over who keeps the engagement ring. Payment of credit card debts and sharing of pets are other concerns that may become areas of disputes. And what about palimony, is it still a thing?
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