The goal for many people in Virginia is to plan for their future. For many, this includes contributing to accounts to help them plan for their retirement. For many couples, their retirement accounts are some of their most significant assets. Because their future financial plans often depend on these accounts, their fate during a divorce can have a significant impact on the rest of a person's life.
Television shows and movies would have viewers believe that the holidays are a magical time full of family happiness and hope for the future. But the reality is that the decorating, cooking and traveling that occur during the holiday period can create a great deal of stress on families in Virginia and across the country. In fact, some studies indicate that the number of divorce filings increase in January.
The decision to end a marriage is often one that is arrived at after a great deal of contemplation. While it may be a difficult choice, most couples who choose to do so come to the realization that it is in their best interests. Once the decision is made, they must then begin the divorce process, which includes the somewhat complicated step of determining how retirement accounts will be divided.
For most people in Virginia, their relationship with their spouse is one of the most significant ones in their lives. Because of this, the prospect of ending their marriage can be intimidating. Even though most people know someone who has gone through a divorce or have seen it portrayed on television, they often do not fully understand what decisions are made during the process. Having a better understanding can help.
Couples often invest their money in a variety of different ways. While many people look to stocks and bonds, others might put their money into collectibles, such as art. Regardless of how a couple in Virginia or other areas of the country choose to invest their money, all assets must be divided in the event the marriage ends in divorce.
At the time a couple says their vows, they likely have a great deal of plans for the future. For many, this includes children. While many couples plan for children in the future, the path to parenthood may look different from couple to couple. For example, for those who may want to delay parenthood, many choose to freeze embryos. While this option has been beneficial for many in Virginia, the question of what happens to the embryos following a divorce has been one that many courts across the country have been asked to address.
Many couples in Virginia purchase their family home after they say their vows. As such, the home is likely to be considered marital property subject to division should the marriage end in divorce. However, some homeowners are interested in knowing how a home that was purchased before the marriage will be treated during the property division process.
Some people say they feel like two peas in a pod with their spouses, and others say their relationships are definitely more of the "opposites attract" type. Either way, married life is a journey, and couples are bound to encounter challenges along the way. Among the more serious types of problems, financial infidelity is an issue that often prompts a spouse to end a marriage.
Any type of major change in a person's life can be mentally exhausting. Even if the event is a beneficial one, it can still be difficult for Virginia residents to work through. Unfortunately, when the change involves an event like deciding to end a marriage, it can be even more emotionally trying.
Heading for divorce can be an uncertain period of life. Divorcing couples have to deal with any number of decisions, including things like alimony, child custody and property division. While many people in Virginia believe that they understand the basics of the divorce process, some myths can complicate things for everyone.