Making sure you receive your fair share of the marital property

On Behalf of | Oct 2, 2020 | Divorce

If you are like other couples in Virginia and elsewhere across the country, the longer you were married, the more you accumulated. Now that you are facing a divorce, dividing that property becomes a priority. It may seem odd to boil down the years you spent with your spouse to who receives what marital property, but that is the business at the heart of this process.

Virginia is an equitable distribution state, which means that the court will make a ruling on dividing your property in a fair manner, not necessarily an equal one. You should not assume that you will split your property 50/50. Since your final agreement will have a substantial impact on your future, you may not want to leave anything to chance.

The courts consider many factors when determining property division in a divorce. Some of them apply to nearly every couple, but if you have special circumstances, you need to make sure they are brought to the court’s attention. You may not even realize that a particular circumstance in your life would qualify as a potential factor in this process.

The fact is that nothing less than your future is at stake. For this and other reasons, it would probably be in your best interests to work with an experienced attorney when beginning the process of reaching an agreement regarding the division of your marital property. Whether you are working with your soon-to-be former spouse outside the courtroom or will be presenting your case to the court, protecting your rights and interests needs to be a priority.

Archives

Categories

FindLaw Network