Couples divorce for various reasons. Sometimes a marriage crumbles because one or both spouses have given up. Far too often, abuse is a significant factor, with a husband or wife simply wanting to escape and start over. Abuse can take many forms. However, one of the...
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Divorce
The difference between marital and separate property in Virginia
Most of the big questions that people have going into a divorce revolve around the division of their property. People want to know if they can keep the house, if they will have to split their retirement account or if their spouse could claim a portion of their recent...
Factoring 401(k)s in a divorce
If you're facing divorce, one of the main financial concerns you'll have is how your marital assets will be divided between you and your former spouse. The answer to this question depends on the type of accounts you have to divide with your ex and the rules associated...
How to financially prepare for divorce
When you're getting ready to file for divorce in Virginia, preparing yourself emotionally is only half the battle. You'll also need to prepare yourself financially so you can support yourself after you've split from your former spouse. Otherwise, you might find...
How will equitable distribution impact your retirement savings?
In Virginia, the courts try to divide divorcing couples’ property in a way that is fair or “equitable.” This approach to property division can have a significant impact on your retirement savings, especially at the end of a longer marriage. How will Virginia property...
Why women are more likely to initiate divorce than men
In recent years, women have started initiating divorce more frequently than men. In fact, studies have shown that nearly 70% of divorces are initiated by women. Decades ago, women were largely reliant on their husbands; women now have more freedom than ever, which...
Financial considerations before and during a Virginia divorce
There are many things that can cause a marriage to fail, and these issues often pop up in the divorce. The decision to end a marriage is usually a difficult one, but the process of divorce itself can be even more complicated. Finances can impact marriage and divorce...
Calculating Social Security benefits after divorce
Many retirees in Virginia rely on Social Security payments for at least a portion of their income, so it's important that they know how much money they should be receiving. Divorcees who were married for at least 10 years may be entitled to a portion of their...
Prenuptial agreements and protecting a business
Virginia residents who are planning on getting married and who own a business might want to consider getting a prenuptial agreement. These are becoming more common, and they can be important in outlining the terms of valuating and dividing the business in case of a...
Can you make a cheating spouse pay in a Virginia divorce?
A cheating spouse wronged you and now you hope to get revenge in divorce court. This might happen, but Virginia's laws make it tough in several ways. It may be wise to realistically consider your chances for making the spouse suffer, and then compare it to other...
