Are you currently going through a divorce? Have the divorce proceedings turned ugly because both you and your spouse want full custody of the children? Fighting for child custody is a time consuming, energy draining process. In the Virginia law, the court’s ruling is determined based on what they believe is best for the child. …
One of the most contentious issues that surfaces in divorce cases involves the division of marital assets. The assets to divide include the family home, furniture, cars, and jointly-owned property. It also includes bank accounts, retirement accounts, and interests in businesses. Dividing these assets often proves problematic for several reasons, many of which we’ll explore …
Most financial advisors agree that couples going through a divorce are worse off financially once the smoke clears. There are a number of reasons. Splitting the family home is costly. If one party remains in the home, the couple must absorb the current mortgage along with a monthly rent or mortgage for the spouse who …