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Roanoke Family Law And Criminal Defense
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Divorce Archives

The divorce process takes a toll on long-term savings

When a Virginia couple decides to end their marriage, they will have to divide all marital assets between them. This includes assets accumulated while married, such as real estate and long-term savings. The divorce process can take a significant toll on retirement savings, which is why it is especially important for anyone who is nearing retirement age to think carefully about all decisions they make.

When parents end a marriage, it can negatively impact children

When Virginia parents go through a divorce, the youngest members of the family can suffer mental and emotional distress. When parents end a marriage, it can disrupt young lives and schedules, and it can be hard to transition to a new home and not seeing one parent part of the time. Thankfully, there are things parents can do to minimize the hurt and distress that the youngest members of the family are experiencing.

Millennials changing the divorce process by drafting prenups

In the past, Virginia couples were more likely to get married and have children young, and most couples got married without any type of planning for a potential divorce in the future. Millennials have changed that perspective, with more of these couples opting to wait longer to get married, choosing instead to first cohabititate. They are also changing trends and the divorce process by being more likely to sign a prenuptial agreement before walking down the aisle.

Is it possible to avoid contention in the divorce process?

The end of a marriage is a difficult decision, and sometimes, these challenging feelings can get in the way of trying to work together toward a settlement. In some cases, a Virginia divorce process is so contentious that children feel like they've been put in the middle of their parents' battles, which can lead to stress and confusion for the youngest members of the family. Experts say they have noticed it becoming more common for children and even adults to struggle with mental health issues because of this.

When older couples get divorced, their finances can suffer

Divorce is a process that affects everything in an individual's life, from how much time he or she will be able to spend with a child to long-term savings. It's normal to worry about how the decision to get divorced will impact retirement and future financial stability. This is particularly true for Virginia couples who are older, nearing retirement age or who have been married for a few decades.

Are retirement accounts divided in a Virginia divorce?

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.

Divorce filings increase in January

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.

Help dividing retirement assets in the divorce process

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.

What a Virginia divorce can -- and can't -- do

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.

Billion dollar art collection must be divided in divorce

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.

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