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...
Divorce
Dealing with the financial changes of divorce
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...
Why prenups can be useful for all couples
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...
Tax Cuts and Jobs Act means changes for divorcing couples
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...
Precautions for older adults who are divorcing
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...
Gray divorce has far-reaching consequences
Virginia readers may have heard that gray divorce is on the rise. In fact, the divorce rates for couples ages 50 and above has doubled since 1990, while the rate for those ages 65 and above has tripled. Meanwhile, the divorce rates for all other age groups have been...
3 reasons to consider a prenuptial agreement
Planning your wedding is time-consuming and at times very stressful. There seems to be a never-ending list of things to do, from interviewing DJs to trying out different caterers to finding just the right accents to set off your theme, not to mention the big-ticket...
Protecting your separate property in Virginia
When entering a marriage, you bring your personal and financial history to the table. You and your spouse can be coming in with separate property, which is common especially for a midlife marriage. For example, you have a few children, some real estate and/or a small...

