When you’re headed to a Virginia court to finalize a settlement after determining that you want to move on in life without your spouse, you must be prepared to resolve property and debt issues. The court will equitably split any money, land or other assets you...
If you're looking into a divorce in Virginia, you may have encountered the term "high-asset divorce," one many outside the legal profession aren't familiar with. Its meaning is easy enough to deduce from the name alone: a divorce that involves dividing many valuable...
When you file for divorce in Virginia, financial issues may be a central focus of proceedings, as well as child custody, if you have children. In fact, finance often intersects with custody because, of course, children have financial needs and parents must provide for...
No couple in Virginia marries with the intent of separating. However, as the years go by, spouses may grow apart, and divorce sometimes becomes inevitable. For spouses in high-asset marriages, a divorce can be incredibly complex. However, a postnuptial agreement is one way spouses can protect themselves should a divorce happen. But what is a postnuptial agreement and how does…
There has been a lot of research and many studies to show why shared parenting is a beneficial child custody arrangement for many separated parents. However, for those in Virginia with school-aged children, co-parenting during the school year can be very challenging. Here are a few ways parents can navigate the challenges that come with co-parenting when school is in…
Ending a marriage in Virginia can get complicated quickly. One of the toughest parts of divorce is dividing marital assets and debts between spouses, especially in a high-asset divorce. In high-net-worth marriages, it is not uncommon for a spouse to try and hide assets to avoid property division. Hiding assets in a divorce is illegal and often creates a lot…
When parents begin to navigate a separation, they may be concerned about how the situation will affect their children. In some cases, both parents may want primary custody of the kids. If parents can’t come to a suitable child custody agreement, a trial may ensue. A court trial can be worrisome and intimidating, to say the least. Here are some…
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…
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.…
Many parents assume that mothers routinely receive custody in Virginia, but the reality is more nuanced. While historic stereotypes once placed mothers in the primary-caregiver role, Virginia courts no longer rely on outdated presumptions. In current family law, courts decide custody arrangements by focusing on children’s welfare, weighing considerations like how actively each parent participates in their lives, the security…