A marital breakup is an experience many Virginia residents would describe as emotionally challenging. Unfortunately, divorce is notorious for being a significant financial challenge as well. Here are some key financial strategies that could help to reduce the cost of divorce. Separate finances One of the most important things to do for those facing divorce is to separate finances and…
Month: October 2022
Who determines asset valuation in a divorce?
You may never have imagined that you and your spouse would one day leave the Virginia home you love to go your separate ways. Trouble may have brewed in your marriage for some time, or a specific cataclysmic event may have recently occurred. Either way, filing for a divorce means that you will have divide your marital assets and liabilities.…
Are mothers favored over fathers in child custody hearings?
In decades past, there was an assumption that children should stay with their mother after a marital breakup. The reason for this stemmed from mothers traditionally being the main caregivers of the family. These days, however, fathers in Virginia are more involved in the lives of their children, and most courts today factor this into their decisions. Yet, why does…