Posts tagged "Property Division"

What should you do with your share of a 401k?

As you enter into your divorce proceedings in Alexandria, you should know every option available to you when it comes to the topic of property division. Several of the assets that the court considers to be shared can present a number of complexities. Chief among these is a 401k. If your ex-spouse maintains such an account, you may be entitled to an equitable portion of the contributions made to it during your marriage. The question then becomes how can your best manage this asset? 

Red flags for potential asset hiding by a spouse

For couples in Virginia who have been experiencing difficulties in their marriages, it is not uncommon for one or both persons to begin considering asking for a divorce. Thoughts of ending a marriage may well be in the minds of a spouse for some time before they ever choose to utter it to their partner. During this time, some people try to think about ways to protect themselves if they should proceed with a divorce and for some, this may entail trying to hide some financial assets.

Do you need a forensic accountant on your divorce team?

These days, many people embroiled in divorces across Virginia have complex financial situations that can make the process of property division prove difficult. For this reason, many state residents are increasingly relying on forensic accountants who can help them navigate financial matters relating to their splits. Just what role can a forensic accountant play in modern divorce, and should you consider adding one to your divorce team?

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