As soon as a Virginia spouse makes the decision to move forward with divorce, he or she will find it beneficial to take immediate action to protect long-term financial interests. The preparation one takes to get ready for a divorce may help lay the foundation for a...
Divorce
Potential tax consequences associated with divorce decisions
Divorce is a complicated process that will have certain impacts on finances and other areas of a spouse’s life. It is critical to navigate this process with the intent of securing terms that allow one to have a strong and stable financial future. This means making...
Simple mistakes could derail one’s post-divorce future
The decisions one makes during the divorce process have the potential to impact a Virginia spouse for years to come. He or she would be wise to carefully consider each money and property-related decision, taking care to avoid the simple mistakes that could derail his...
Men may be prone to making certain mistakes during a divorce
The end of a marriage is a complex and emotionally challenging process, and it is no surprise to learn that men and women handle it differently. Men in Virginia typically look at their divorce in a unique way, and it is possible they could make certain mistakes during...
Are these equity issues relevant in your divorce?
Most married couples face challenges in their relationship at some point. A problem that one couple might be able to resolve might be the breaking point in another couple’s marriage. If a spouse files for divorce in Virginia, there will be additional issues to...
A realistic view of the financial implications of divorce
Couples facing the prospect of ending their marriages also face the prospect of significant financial changes in their lives. Divorce will make it necessary for a spouse to adjust for post-divorce life, and it is of critical importance to seek terms that allow for...
The complex nature of divorces involving cryptocurrency
The financial changes brought by the end of a marriage are significant regardless of the income level of each party. However, divorces between one or two high-income earners or those who have significant valuable assets can be particularly complex. This process can...
Career changes may influence divorce in different ways
Divorce is a significant event that will change every area of life. Even after the process is final, changes may continue to come in the form of financial adjustments and career paths. In some cases, career changes can affect divorce proceedings or current divorce...
Financial missteps during divorce can have long-term impact
Even when both parties are amicable and willing to work together to resolve disputes, a divorce is a complex and emotional process. Because of the complexity and sensitive nature of this process, it is easy to see how one’s judgement could be clouded by short-term...
A gray divorce will affect finances long-term
The decision to end a marriage is one that will have long-reaching effects for a Virginia adult. A divorce will impact various areas of one’s life, including finances, especially if one is facing a divorce later in life. A gray divorce will have implications on one’s...