In Virginia, divorce not only can mean an emotional shock to a spouse, but also affects his or her finances. One principal area that affects every divorced person is taxes, especially federal income taxes and how they are affected by child support, spousal support and property division. For this reason, sitting down with a tax professional who can show a taxpayer all of the options available to him or her can ultimately lessen the individual's tax burden.
Military families, divorces in Virginia and the UDPCVA
Military divorces are common in Virginia and in other states across the country. The number of military divorces is rising; so are child custody issues among military members. Hence, the National Conference of Commissioners on Uniform State Laws has come up with the Uniform Deployed Parents Custody and Visitation Act that allows states to draft procedures when confronted with unique custody issues.
Resolving child support issues in Alexandria, Virginia
Parents in Alexandria, Virginia would agree that of the many issues surrounding a divorce, child support is probably one of the most important issues because of its direct impact on the well-being of the children involved. Money received in the form of child support caters to the various needs of a growing child and irregularities in child support payments can severely impact a child's quality of life. Therefore, issues related to child support are considered very serious by family courts as well as state and local child support enforcement agencies.
Prenuptial agreements can be a wise choice for any couple
Couple in Virginia probably already know the statistics showing that almost half of all marriages in the United States end in divorce. The dissolution of a marriage can bring forth many serious questions. Among such subjects including child support, alimony or custody issues, property division is often considered a hot topic from a financial standpoint. When either or both partners bring significant assets into a marriage, prenuptial agreements might be one of the decisive legal ways to protect those assets in the event of a divorce.
Understanding military benefits and the USFSPA-Part II
A divorce, be it civil or military, has financial implications that affect the issues of spousal support, child support, and property division. For military divorces, state and federal authorities have put several mechanisms in place to deal with financial matters. Alexandria, Virginia, residents will be interested to know that the law provides extensive benefits to former spouses of service members.
