7 Considerations for High Net Worth Divorces

No matter how big your house is or how diverse and flush your portfolio, nothing can prepare you fully for the stress and grief of divorce. The process unleashes powerful emotions and leads to fighting and resentment, even when both parties agree that parting is in their best interest and even when both strive to act ethically and compassionately towards one another. A high net worth divorce – where significant Read More

What Will My Divorce Cost?

Like any other legal process, getting a divorce costs money. The full price of the process, however, largely depends on the individual case. Consider the following costs associated with divorce in Virginia: Legal Fees and costs In most cases, attorneys bill by the hour. This means that for every hour an attorney works on a case, they bill a certain, previously agreed upon amount. This amount can range from a few Read More

When Does the Payment of Spousal Support End in Virginia?

When does the payment of spousal support end in Virginia? This is a common question among divorcing couples. Length of Time for Spousal Support Spousal support, whether court ordered or agreed to by the spouses with the help of a Virginia spousal support lawyer, can be paid in a lump sum or periodic payments for a set number of years or an unspecified period of time. A spouse has a better chance to receive spousal Read More

Overview of Current Virginia Spousal Support Laws

When a single-income couple is facing divorce after a long marriage, the non-working spouse can request spousal support. It is also awarded in circumstances where both spouses are employed but have significant differences in their incomes. Indefinite spousal support is a form of spousal support that continues until one party petitions the court to change the support due a material change in circumstance. Certain Read More

How to Transfer Mortgage Liability for Virginia Divorcing Spouses

Divorcing couples are faced with many issues, including legal questions about property, such as who will retain possession, and dividing liability, equity and payment of the mortgage loan. These questions have serious legal and financial implications for both spouses. There are a variety of methods to share equity in the house. In Virginia, there are steps divorcing couples can take to transfer mortgage liability. 3 Read More

5 Ways to Help Manage the Cost of Divorce in Virginia

Divorce usually isn’t an easy process, nor is it often inexpensive. Rather than remain unhappy in your marriage longer than you have to because of the price of divorce, learn a few ways that you can save on the cost of divorce in Virginia. 1. Focus on the Things That Matter No matter how nasty your divorce might be, try your best not to be petty and argue over who gets to keep the coffeemaker or the TV. Remember that Read More

Should Spousal Support Be Awarded in Your Case?

While every case is different, there are always a number of deciding factors that go into determining spousal support. In Virginia, alimony is not required by law but can be agreed on by the parties involved or requested by a judge. Because divorce proceedings can become fervently disputed, it’s essential to discuss your interests with your lawyer so he or she can best represent you and your rights throughout the Read More

Common Questions About Divorce in Virginia

Getting a divorce can be an overwhelming and exhausting process, emotionally and physically. If you are starting the process of divorce, you may have several questions. We have answers to five common questions about what the coming months will involve and how your personal situation will be affected by the decision to end your marriage. 1. How is Property Divided? In Virginia, property is divided equitably between Read More

How Is Estate Planning Affected After Divorce?

There are several different matters that need to be taken care of if you’re getting a divorce in Virginia, including estate planning. It’s vitally important that you take care of your estate, trust, and will after your divorce is final, no matter how tired you might be of legal matters and signing papers. Create a New Will The very first thing that you need to do after your divorce is final is revoke your will and Read More

How Is Debt Divided in a Divorce?

Deciding who gets what is one of the hardest parts of a divorce. However, it isn’t just a problem when you’re trying to decide who gets to keep the car or new couch; you can also run into trouble dividing things that neither of you want, such as debt. So how is debt divided in a divorce under Virginia divorce law? Equitable Distribution During a divorce, the court will assign debt after considering a list of Read More