Separate property is everything you acquired before you married your spouse, but it also includes assets you received during the marriage by inheritance, survivorship or gift. Marital property is everything you and your spouse earned and acquired during the marriage....
Divorce
Can you divorce a spouse due to irreconcilable differences?
Compatibility is a crucial factor in determining whether a marriage will last. When spouses have positive feelings toward each other, they may be less likely to consider divorce. However, not all couples are fortunate enough to have this kind of relationship. Staying...
Why is getting the house after divorce not always ideal?
Many divorcing couples fight over who keeps the house for several good reasons. Buying and moving to a new place can be costly. If you have primary custody, keeping the family home might also help give your children some sense of stability. However, keeping the house...
Cryptocurrency becoming increasingly challenging in divorce proceedings
If divorce becomes a reality, cryptocurrencies purchased during a marriage, including bitcoin, ethereum and litecoin, are typically considered marital assets instead of income. As such, they should be listed on financial disclosures. Crypto holdings have become...
An “amicable” divorce can still have issues
Divorce, even when amicable, takes a lot of time and effort. The stress and anxiety can be excruciating as your old family life gives way to a profoundly new one. This doesn’t mean, however, that it makes sense to seek easy resolutions that could cost you in the...
The financial mistake many people make before filing for divorce
Most people understand that divorce will mean some challenging financial adjustments. After all, they will have to both cover the cost of the divorce itself and also split their property with their spouse. People often have to accept a temporary reduction in their...
What to look for in a divorce lawyer
As you contemplate your divorce, many issues and doubts will arise. You must face challenging questions regarding alimony, marital property division and custody, and make significant decisions. Fortunately, you need not go through the process alone. Your most...
Dividing marital property in a divorce
Virginia is an equitable distribution state, meaning if you cannot agree on how to divide property, the court will divide your marital property fairly and equitably. Equitable and equal can mean very different things, depending on the assets and particular...
Common causes of delay in divorce cases
Divorce can be a long and emotionally draining process. Experiencing delays can only prolong the pain of going through it. Couples looking forward to moving on may see this as an endless roadblock to their future. Fortunately, there are ways to overcome the most...
Child support and paying for college in Virginia
Child support is an important way for divorced parents to ensure their child has the things they need as they grow. However, as your child approaches adulthood, you may wonder whether they will still receive support as they attend college. What should parents know...