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Divorce

Dividing a family-owned business in a divorce

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...

Is Virginia an equitable division state?

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 meaning of “equitable distribution”

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...

Is financial infidelity a precursor to divorce?

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...