The elephant in the room, when you’re talking about a family law case, is always going to be the lingering question of how much it will cost. One part of that will be – if you choose to retain counsel – exactly how much that representation will cost. But there are other costs, too, and...
What does a family law case cost? Part One
For the most part, if you have a well-drafted separation agreement or even a very basic court order, you should be clear on what, exactly, needs to happen to wrap everything up with a nice little bow on top once your divorce is finalized. Sometimes, though, that is not the case – whether because of...
No matter how long you were married, the assets you generated in your marriage matter. Not only will you never be younger, but – if you waive too much – you’ll never have the chance to take advantage of compounding interest. That can be the difference between being able to retire and … not. Sure,...
One of the biggest risk factors for women in divorce is the fact that, statistically speaking, they are the lesser wage earners. This means that, in many cases, many of the most valuable assets are largely controlled by the husband – including, but not limited to, any real estate, retirement accounts, bank accounts, and...
We talked the other day about debt when it is marital and how it is often divided in a divorce. But marital ASSETS are categorized as either separate or marital before they are divided – so what happens in the event that debt is separate? It’s a good question. Typically, separate property is anything that...
Though we talk a lot about division of the assets, we often spend a lot less time talking about division of debt. Even though dividing debt is always an important part of a divorce, it tends to take a backseat – not because it’s not important, but probably more because it’s a whole lot less...
If you have a trust fund or received an inheritance – whether before, during, or after your marriage – one of your big concerns when it comes to separation and divorce is probably how to adequately protect that asset. For many families, divorce marks a major turning point in their lives, especially as it relates...
In a divorce, we divide marital property. What constitutes marital property can vary from state to state, so you should familiarize yourself with the laws in your particular state – or Commonwealth, as in the case of Virginia, where I practice. Though I imagine that the words may vary but the specific application is similar...