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If your spouse earned significantly more money than you did during your marriage, it may be possible to ask for alimony as part of a divorce settlement. Generally speaking, Virginia allows spouses to seek maintenance payments until they are able to support themselves...
Running a business while going through a divorce can be a stressful experience. You might be nervous to make any big business decisions that would affect your finances or assets, like selling the business or expanding, while going through a divorce. What do you need...
Determining how marital assets should be divided in a Virginia divorce can be a thorny process when a family-owned business is involved. In these situations, one spouse can buy the other out, the spouses can sell the company and divide the proceeds, or they can keep...
For Virginia residents who are getting a divorce, there are certain basic issues they will probably encounter. These include spousal support, child custody, child support and property division. However, a relatively new concern that has garnered more attention in...
When you're getting divorced, it's important to understand how the state divides marital property. Virginia is a state that uses principles of equity in order to divide marital property. Knowing what to expect when it comes to property division helps you prepare your...
The divorce process is far from simple. There are a lot of issues to address, which can take time. For many couples in Virginia, dividing property is one of the most challenging parts of the divorce process. You may find that you and your spouse struggle to figure out...
Virginia is one of the states in the union that will implement equitable distribution at the time of a divorce. But what exactly is equitable distribution, and how does that affect people? First, people must understand that this is not the same as equal distribution...
No matter how much you love your spouse, you may not love how they handle money. In the past, they might have made expensive purchases and lied about them to you. Or, they might have made risky investments – without your knowledge – that ended up harming your...
Apparently, next to thinking about death, divorce causes people the most stress. The fact is, it doesn't have to be that way. Married couples in Virginia who decide to get divorced can do so with dignity and respect for each other. Divorce happens to many couples, and...
As people prepare for the dissolution of a marriage in Virginia, they may immediately start to question how their finances will be handled. What will happen to the money they have spent years accumulating together, and what about their debts? Here is a look at some...
