Property division can sometimes become a thorny issue during a divorce because both spouses believe that they are entitled to specific assets acquired during their marriage. Nowhere is this more apparent than with the marital home or with other types of real estate. Usually, both spouses have developed an emotional attachment to their home and property which can make them both very possessive when the idea of giving it up is mentioned. But, what can happen to the marital home during the process of divorce?
Steps to help divorcing couples divide their marital property
Emotions can run high during a divorce. That's because a judge has to look clinically at every aspect of a couple's life that they are emotionally attached to. The judge must then try and give each of them an equal share of what they once held together. This includes the process of property division which can be difficult for some divorcing couples to face. However, there are several steps that divorcing couples can take that can help them divide up their marital property.
Factors that help determine spousal support in Virginia
Divorce is not a one size fits all process. This means that the different elements of a divorce, including spousal support, are decided on a case by case basis. In Virginia, spousal support, or alimony, is not automatic, but is at the discretion of the court. But, there are economic as well as other factors that a Virginia court will use to help determine if alimony should be awarded. So here is a brief look at some of the factors that a divorce court will look at.
Alt rocker finalizes divorce from actress wife
In the make believe world of Hollywood, divorce is an all-too real phenomena. Actors and actresses get together, get married and then divorce all within the blink of an eye. The divorces can sometimes turn ugly, usually because of the significant amount of assets that are at stake. Recently, however, one superstar Hollywood couple completed their divorce without the usual amount of hysterics and tirades.
What does Virginia law say about retirement funds and divorce?
It's not uncommon for many Virginia couples to plan for their golden years by opening up different kinds of retirement accounts. If they're fortunate their employer will also contribute a certain specified percentage to their accounts. But, what happens to these accounts if the couple decides to get divorced?
Reducing the emotional stress of a divorce
Divorce can significantly alter a person's life in many ways. There are the obvious changes, of course, such as living single and possibly becoming a single parent. But there is also the stress of a divorce which can affect your emotions and mental health. However, there are techniques that you can use to help reduce the amount of stress that builds during a divorce.
Factors that help determine spousal support in Virginia
The state of Virginia recognizes three types of spousal support. The first kind is permanent spousal support which is usually paid out monthly for an undefined period of time. Rehabilitative spousal support and lump sum spousal support are the other kinds of support used in the state. The state also uses a number of factors to determine the amount of spousal support that must be paid. So here is a brief look at these factors that the court considers.
What typical mistakes do people make during a divorce?
Getting a divorce is not always easy for individuals in Virginia. That's because the process can sometimes become a long drawn out event, and during this time both spouses' emotions can really take a beating. But it's important to remember that the entire divorce process is fraught with common mistakes that people make time and time again. What are some of these very common errors that people make during their divorce?
Superstar finalizes divorce from rocker husband
Virginia residents have no doubt read about Hollywood high asset divorce cases that drag on for months or even years. Both parties wind up fighting over every detail of the divorce, including alimony, child support and child custody. But, it is not every day that a high asset Hollywood divorce ends with one of the spouses walking away from millions of dollars in potential compensation.
Ex-"View" co-host finalizes divorce from second wife
Most Virginia residents are used to reading about celebrity divorces that turn very bitter. Usually, the couple fights over every possible issue, including alimony, child custody and child support. However, one recent celebrity couple has quietly finalized their divorce without any of the histrionics that can create a circus-like atmosphere.
