If you and your spouse have accumulated a fair amount of assets over the years, you can’t divide them all down the middle. Likely, you’ll each keep an equivalent share. That can mean transferring some titled assets like homes and cars and other significant assets like...
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High Asset Divorce
Tax returns are a crucial clue in uncovering hidden assets in divorce
Couples must work through numerous negotiations on the path toward divorce. Factors such as visitation and support often take center stage, but the division of property and debts plays a crucial role in each partner’s financial future. When one party attempts to hide...
How your spouse’s adultery could impact your Virginia divorce
In quite a few states, adultery has very little or no impact on divorce proceedings. It is common for lawmakers to include provisions in the family law statutes for their state that prohibit the consideration of marital misconduct when splitting up a couple's marital...
Joint credit card debt can quickly complicate your divorce
Asset and debt division is one of the most important aspects of any divorce case. Even if you put the necessary time into this, there's still a chance it will slow you down, add to your stress and have you wondering about the impact on your financial future. Joint...
How much will your ex get in your divorce?
Dividing property in a marriage is one of the most difficult parts of divorce. It can be highly contentious and involve hidden assets. The more property you have, the more complex the process becomes. All this may cause you to worry about how much your ex will get in...
How to prevent asset depletion in divorce
Some Virginia residents who are getting a divorce may be concerned about asset depletion. This occurs when one spouse spends marital assets as a way to prevent the other spouse from getting them. This can be a particular problem if the spouse who is spending has a...
Retirement and divorce
Based on information from Bowling Green State University's National Center for Family and Marriage Research, the divorce rate for individuals over 50 years old has doubled since 1990. Virginia residents who are considering getting a divorce and are about to retire...
Dividing the Pitt, Jolie estate
Angelina Jolie's decision to file for divorce from Brad Pitt likely surprised many people in Virginia. However, there is more to the story than just the irreconcilable differences that led to the split. Speculation continues to grow about child custody matters and how...
Divorce can reveal lack of financial skills in one partner
Many Virginia residents have heard at least one divorce horror story. Typically, one spouse leaves the financial decisions and tasks to the other. When the marriage ends, one person does not get the financial settlement that was expected, especially when the couple...
Divorce mistakes to avoid
Virginia couples who are ending their marriages may want to make certain they are taking a logical and smart approach to the process. Doing so can save a person thousands of dollars both during and after the divorce.A common mistake people make is engaging in...
