It has never been a secret that getting unhitched can be expensive. That can be especially true for Virginia spouses going through a high asset divorce. A contested divorce is already quite expensive. If the couple has children or owns valuable assets, the costs may...
Couples who have a high net worth may have assets that aren’t in the forefronts of their minds. These are the types of assets that perhaps one spouse in Virginia may suspect the other is hiding. Hiding assets never benefits anyone in the long run and they will need to...
A Virginia family court judge often hands down rulings on property division issues. If you file for divorce, you and your spouse must sign an agreement regarding who gets what assets and who is responsible for paying any existing marital debt. This state, like most,...
Celebrity married couples have a tough time keeping their private lives private. That’s especially true when power couples like Kim Kardashian and Kanye West decide to divorce. Many Virginia residents are likely aware of this spotlighted duo -- known in the media as...
Deciding to end a marriage is never an easy decision. There are so many issues to figure out, especially in a high asset divorce situation. When a promise of marriage has been made, it’s usually customary to give an engagement ring and it might be that when the...
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...
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...
