Payors and payees of spousal support know that the rules changed regarding how payments figure on income tax returns. Most Virginia residents know that alimony payments are not tax deductible and those receiving those payments do not have to claim the funds as taxable...
Most people are familiar with the Jeff and MacKenzie Bezos divorce. If ever there was a high asset divorce, this one was it. Virginia residents might know that the former couple had to deal with billions of dollars in assets. The divorce of the founder and CEO of...
You may be one of many Virginia spouses who couldn’t wait to sign the settlement papers in your divorce because you wanted to get as far away as possible from your ex. Perhaps you encountered challenges during child custody or property division proceedings because the...
Children always come first even when their parents decide to divorce. Given that, one parent is usually responsible for paying child support and it’s usually the parent who is the higher income earner. If each parent has a career with a steady income, child support...
Some parents going through a divorce are adamant on getting full custody of their children for whatever reasons. Child custody can be one of the most contentious issues in the divorce process in Virginia. Generally speaking, most family court judges believe that joint...
Some former spouses find themselves financially strapped. In Virginia, a divorced parent who pays child support might want to dictate how the other parent should spend that money, believing that paying that support gives him or her the right to say how it’s used....
When marriage becomes a partnership both people want to escape, it may be time to have the divorce discussion. It’s possible that one soon-to-be former spouse will be paying alimony to the other, so it is good to know what factors are in Virginia that are used to...
Statistics have shown the more wealth a couple has, the more apt they are to divorce. High asset divorce can be especially taxing on both spouses since there is so much on the line. It seems the more Virginia couples earn, the more they could face trouble in their...
When you walk into a Virginia courtroom to litigate issues regarding marriage dissolution, you might feel your palms sweating or heart beating faster, especially if it’s the first time you’ve ever gone to court. Divorce is stressful for many reasons; it’s common for...
Children have to be taken care of even when their parents are no longer together. Both parents are obligated to provide for their children financially, but one parent usually makes child support payments to the other as ordered by the court. But what happens when the...
