There are many things it is important for a person to have when getting ready for a divorce. This includes accurate information regarding income and assets. This can provide key insights on:
Spouses aren’t always honest with one another. One form of deceit that shows up in a fair number of American marriages is financial infidelity. This is when a person lies about financial matters to his or her spouse.
Divorce might be the last thing a couple wants to think about when getting married. However, giving some thought to the possibility of divorce allows soon-to-be-wed individuals to take steps towards ensuring that, should a split be in their future, their interests and goals will be protected.
Debt has a major presence in many marriages. It is very common for people to go into relationships with outstanding financial obligations, and there are many ways a couple might incur debt during a marriage.
Among all the concerns swimming in your head when considering or going through divorce, one of the most frightening is finances, especially if your spouse is the breadwinner of the household. What will you be left with? Will your quality of life drop significantly?
Prenuptial agreements (also known as premarital agreements) often contain terms regarding what will happen if a marriage ends in divorce. Will such terms be enforced in Virginia divorces?
In middle age, people can have many different financial goals for the future. This includes goals related to:
Among the things that recent times have seen more of than past decades are gray divorces. These are divorces of older individuals. There are many things it is important for individuals to pay close attention to when getting divorced in their later years. This includes their health.
Post-divorce life can involve many things. For some, this includes being a single parent. There are many worries single parents can have following a divorce. This includes concerns about financial issues.
In some Virginia divorces, courts order one spouse to pay alimony to the other. Spousal support can vary greatly in amount. It can also vary in form. Today, we’ll go over the different forms of alimony that courts can grant under state law.