The end of a marriage in Virginia or anywhere else in the United States can be a traumatic experience for everyone involved. There are two types of divorces in Virginia: divorce from bed and board and a complete break off from the matrimonial bond. Whichever type of divorce an individual is pursuing, it is better to consult an experienced attorney, who can provide valuable advice on how to properly file for a divorce.
Adequate planning may help protect a business from divorce
As any Virginia business owner who has been through divorce knows, a business that is not protected by a prenuptial or postnuptial agreement may be up for grabs when it comes to property division. In many divorces, the business-owning spouse is forced to sell it in order to split the proceeds with his or her parting spouse. For that reason alone, entering marriage with clear ideas about who owns an existing business can prevent trouble later.
When can a marriage be annulled under Virginia laws?
Annulment is a legal term which defines the process which cancels a marriage that should not have happened. Virginia statutes provide certain grounds for annulment including fraud, duress, mental incapacity and impotency.
How Virginia law helps to determine spousal support
Many Virginia residents who have gone through divorce have found it devastating emotionally and financially. It can be especially hard on a partner who has no regular income and has been otherwise financially dependent on a spouse. To provide financial support for these spouses as they begin again, state law has sanctioned the payment of spousal support by the spouse who can better afford it to the spouse who is economically challenged.
Divorce-related disputes often require professional help
A divorce does not only break hearts but it can break finances, too. Divorcing couples often experience similar feelings such as anger, resentment and frustration. However, residents of Virginia may be aware that no two divorces are alike. A spouse experiencing a divorce needs personal attention as he or she struggles through one of the most difficult phases of life.
How can Virginia residents minimize their taxes after divorce?
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.
What property rights are created by marriage and divorce?
The end of a marriage typically raises a variety of strong emotions, including sadness, bitterness, anger, resentment and depression. Marital dissolution also usually has financial implications for both spouses and any children involved, with issues such as spousal support, child support, and property division to be determined and then finalized in a divorce decree. As an equitable distribution state, Virginia requires that marital property and assets be fairly divided at the time of divorce.
The grounds for divorce in Virginia-Part II
Divorce can be a tumultuous experience for Virginia residents. Because the number of Virginia residents heading for divorce is reportedly seeing a sharp rise, divorce cases are often an issue that end up before the Virginia courts. Two types of divorce in Virginia can be obtained: divorce from bed and board and divorce from matrimonial bond. While the former is partial, the latter is complete.
The grounds for divorce in Virginia - Part I
The end of a marriage can be painful for many people. Emotions may go on a roller-coaster ride at the prospect of a divorce, yet the number of couples breaking off their matrimonial vows continues to be an issue that is addressed in Virginia courts.
What property is subjected to equitable division during divorce?
In Virginia, the equitable distribution law enables couples undergoing divorce to divide their marital property and debts between them. However, before dividing the marital property it is important to determine if the property is separate, marital or part separate and part marital. Once the property is classified, the marital property and debts should be valued and equitably divided as per the law enforced in the state.
