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Posts tagged "alimony"

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.

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.

Oil mogul divorce may be the most expensive ever


A divorce can be emotionally traumatic. To make matters worse, high asset divorces often include a division of a vast amount of properties, or expensive alimony and child support, which may cause a bitter battle for years.

Divorce signals a new beginning to life


Many Virginia residents know sometimes divorcing couples suffer from depression. Many others do not want to separate, but are forced to by their spouses. However, these negative thoughts may not be a correct way to think of a divorce because they may hurt a divorcing spouse's future. Divorce should be thought of not as the ending of a life, but as a new beginning.

Is divorce through technology advisable?


With the advent of the internet, the world experienced many changes. Emails made correspondence faster, and reaching out to prospective customers became easier when the world became accessible online. Today, many people from Virginia use technology to buy various products online. Food deliveries, paying bills and accessing medical records is now very easy thanks to technology. However, using the internet may not be advisable in certain circumstances.

Parents: Avoid these divorce pitfalls


As divorcing parents in Virginia are likely aware, there is a lot to consider during divorce. Child custody arrangements must be settled, marital assets must be divided and alimony must be decided on. Because they have so much on their plates, it is understandable that divorcing parents sometimes make mistakes. When they are equipped with the right kind of knowledge, however, divorcing parents can avoid these divorce pitfalls and devise a strong and effective divorce strategy. Recently a divorce attorney writing on a popular news site listed some mistakes parents are prone to make.

Hilary Duff and husband reach amiable divorce settlement


Divorce has many components. There are oftentimes custody arrangements to consider, property division decisions to settle and alimony plans to agree upon. Though this may seem overwhelming to some, it is possible to take the divorce process one step at a time and break down each component into palatable chunks, making it possible to come to an agreeable and mutually satisfactory divorce settlement.

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