An uncontested divorce refers to a situation where both spouses agree to terminate the marriage and are in agreement regarding the terms of the divorce settlement. Both parties agree to get divorced and on major issues such as child custody, division of property,...
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How is real estate divided when couples own multiple properties?
Real estate holdings can easily become a focal point during divorces in Virginia. Many married couples buy homes together, and their primary residence could become a source of contention as they negotiate a property settlement agreement during their divorce. People...
Who decides where children go to school when parents disagree?
Many children attend public schools, and the address where they live typically determines which school within a school district they must attend. Some families decide that they would prefer to have their children attend charter schools. There are also many families...
Why is timing important in estate plan updates?
Estate planning is a dynamic process that requires regular attention and timely updates to align with an individual's life circumstances, financial situation and personal wishes. A well-crafted estate plan can provide peace of mind and security for loved ones, but it...
How long will a traffic ticket impact my car insurance in Virginia?
Based on a report by the Department of Motor Vehicles, more than 319,000 speeding tickets were issued in Virginia in 2019 alone. While this is a decrease compared to previous years, the truth is, speeding contributed to approximately 24,000 car crashes that same year...
How are retirement accounts divided in a divorce?
A Virginia divorce will mean major changes to someone's daily life and financial adjustments as well. Some couples already have written agreements that make it very clear how they will divide their property when they divorce. Others will need to negotiate a settlement...
Can I adjust child support payments after a change in income?
When establishing a child support order, legal professionals in Virginia review numerous details about a family's situation. The overall breakdown of parenting time, the unique needs of the children and also the income of both parents will influence support. In some...
Tips for sharing custody when school’s out for the summer
The school year is a long and exhausting grind for the entire family. Children have obligations every school day, and their parents will typically end up transporting them to and from school, as well as social and extracurricular activities. Although summer may mean a...
What information is necessary to form a business contract?
A business contract is effectively a written record of an agreement between two or more parties. A contract could establish an employment relationship and certain restrictions on an individual's behavior. It could lock in a vendor agreement or lease terms. Contracts...
Are there tax consequences to dividing assets in a divorce?
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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