Whatever your reality used to be, it’s changing. When you and your husband separate and plan to divorce, your financial picture changes—dramatically and permanently. We can beat around the bush all day long, but your new reality is that, financially at least, things will probably be a little bit more difficult. Depending on a number...
Monthly Archive: March 2013
In my blog yesterday, The Death of Spousal Support, I talked about a recent case from the Virginia Court of Appeals, Wright v. Wright. If you’re wondering whether you may qualify for an award of spousal support, you should definitely at least give it a glance. You probably already know that Mrs. Wright ended up...
Do You Like Watching Movies? If You Do, Watch ‘Em More in Virginia Beach!! Have you ever watched a movie and literally escaped from your life for two hours? Have you ever left a movie theater feeling more confident or inspired? Have you ever watched a movie in your den and felt energized? You can’t...
Spousal support is a complex area of the law, mostly because it’s so uncertain. Still, I’ve written before about spousal support (see How Spousal Support Works, Gold Diggers and Spousal Support, and Could YOU Have to Pay Spousal Support to HIM?) and tried to give guidelines to help you determine what might be awarded in...
When you’re separated, it can make tax time a little confusing. You’re not really single, but you’re not really married, so how do you file? The answer is that it’s really up to you. You can’t file single, because you’re not, but you do have a choice whether you want to file as married filing...
Divorce attorneys are, with very few exceptions, not tax attorneys. However, that does not mean that we have zero experience when it comes to tax issues. There are specific tax-related issues that come up in a divorce. Spousal Support and The Mortgage Interest Deduction Spousal support is taxable to the person receiving it and tax...
Very few divorces these days are actually granted on fault-based grounds. In most cases, even if a party initially files on a fault-based ground (such as adultery, cruelty, or desertion), they usually switch over and pursue a no-fault divorce by the end of the process. Why? Well, it takes less time, costs less money, and...
In your divorce, every choice you make should further your ultimate goal. What's your ultimate goal? Well, that's different for every woman, but in most cases, the goal is to retain as much of the marital assets as possible. In a divorce, unlike in a personal injury case, all you have to divide is what...