How are Assets Divided in a Divorce in Virginia?

How are Assets Divided in a Divorce in Virginia?

Divorcing couples in Virginia frequently clash over dividing marital assets and debts. If the couple cannot agree on the matter between themselves, a Virginia court judge will decide it for them. The division of assets and debts during divorce is costly and time-consuming. For these reasons, many couples sort out their issues through agreement. Most couples, however, fail to recognize …

What is Considered Marital Property in Virginia?

Couples facing divorce may find property division a confusing and anxiety provoking part of their divorce case. Also referred to as equitable distribution, property division is the legal division of property rights and liabilities between spouses during divorce. Virginia is an equitable distribution state. The goal of the state’s property division system is to divide a divorcing couple’s marital assets …

divorce and separation

Financial Disclosure In A Virginia Divorce

One of the most important requirements of the divorce process is full financial disclosure by each spouse. Whether or not you are the one filing for divorce or whether your divorce is contested or uncontested, you will need to reveal to attorneys or the court the details of your individual financial situation. This disclosure is vital for both parties because …

common law marriages in virginia

Does Virginia have “Common Law” Marriages?

A common law marriage is essentially the decision that you and your partner are married, without actually legally being married. Common law marriages in Virginia are one of those rumors that people actually believe. Despite the fact that Virginia does not practice common law marriages, there are 10 states that do. Thus, Virginia will recognize common law marriages as valid …

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We Recommend: Our Family Wizard For Communicate With Your Ex Regarding Your Children

If you are currently finding it to be nearly impossible to communicate with your ex regarding your children – trust me, you are not alone! Oftentimes, during a divorce or break-up, emotions run high and children can be used as pawns to exact revenge against the other parent. You may have tried, and tried, and tried again, but you just …