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...
Virginia courts aim to divide marital property equitably – or fairly – and that doesn’t always mean an even split in a divorce. There is a real possibility of getting a little bit more or less than your spouse. Understanding how property is classified is necessary to...
One of the biggest questions people ask when they’re getting divorced is what they’re supposed to do with their house. This is a potentially very expensive asset, and it could be very important emotionally and sentimentally. Additionally, couples with children need to...
The stock options and restricted stock units (RSU) that a person receives throughout their career can be particularly valuable parts of their portfolio. These stock awards could become even more valuable over time, depending on what the future holds. The National...
Traditionally, many people think of spousal support as money that is paid from a husband to his former wife after their divorce. They are a bit shocked to consider reversing those genders. However, perhaps you are a father who stays home with the children and takes...
Divorce comes with a ton of challenges. Remember, this is a huge decision that is bound to change the course of your life forever, to say the least. There are a number of things a divorcing couple may be able to work out and resolve peacefully. And there are many...
Virginia is home to some of the best private schools in the country, and many parents sacrifice a lot to make sure that their children have a spot in one of the best What happens to your educational aspirations for your child, however, once you and your spouse split...
The division of retirement accounts is usually one of the most significant aspects of property division in divorce. Traditional retirement plans offered by private employers are typically divided between spouses using a qualified domestic relations order (QDRO) issued...
You generally know what is happening with your money and your spouse’s money, as you have for the length of your marriage. You don’t handle all of the bookkeeping yourself, but you have a good sense of what things look like. You’ve now filed for divorce, though, and...
Typically, alimony (also known as “spousal support”) is paid monthly over a period of time. Generally, the purpose of alimony is to help the spouse with less income or a lower earning capacity maintain a standard of living that is comparable to that of the marriage,...
