Family law attorneys in Virginia and around the country generally seek to nurture a spirit of compromise and cooperation during divorce negotiations before broaching possibly contentious issues like spousal support. Spouses who are expected to pay alimony often...
When couples in Virginia who are getting a divorce own a business, they will have to decide whether they want to keep it or sell it. Some couples decide that they will keep running the business. However, this is unusual since most estranged couples are not able to set...
Divorced or separated parents in Virginia may claim their children as dependents when filing taxes. However, they should be aware that if more than one taxpayer claims a kid as a dependent, the Internal Revenue Service will have to take a second look at the returns....
About half of all first marriages end in divorce, and the odds only get worse the more times someone gets married. For divorcing couples in Virginia, financial times can often get rough after separation. That's why it's a good idea for each party to carefully consider...
Though the state of Virginia does not require alimony or spousal support as part of your divorce settlement, a judge may order you to pay support to your ex. If you are in the middle of your divorce proceedings, you may not mind agreeing to payments to speed up your...
Financial pressures can undermine marital relationships. Couples in Virginia who fight frequently about spending and debt face a 30 percent higher chance of getting divorced, according to a recent study. Money challenges might confront new spouses right away or arise...
People in Virginia who are thinking about divorce often remain for years in unhappy marriages because they are worried about the financial consequences of ending the relationship. It is true that the financial aspects of divorce can have lasting effects that remain...
Many spouses-to-be in Virginia may be planning eagerly for their weddings and thinking about venues, dresses and honeymoons. However, experts would also advise them to think about prenuptial agreements. Prenups have a bad name for many people who associate them with...
The Tax Cuts and Jobs Act, which Congress passed in late 2017, may affect the finances of people divorcing in Virginia and around the country. In the past, when divorced parents had one child, they could take turns claiming him or her as an exemption. This will no...
For people of all ages, divorce can be one of life's most stressful events, and this can lead to health problems. Older adults, who are divorcing at twice the rate they did in 1990, should be particularly mindful since these health problems can worsen conditions...
