If you’ve been a stay at home mom or you’ve significantly reduced your hours in an effort to promote the well being of your family and you’re now headed towards divorce, you’re probably a little concerned. And—that’s probably an understatement. Financially, divorce is probably pretty terrifying to you, even if it’s something that you know...
Imputation of income in Virginia: When it hurts you
In divorce, everything changes, especially the finances. Going from two incomes (to maintain just one household) to one income (maintaining the same household) can be jarring, especially if children are involved. When you add to it the costs of moving (including first and last month’s rent, security deposits, down payments, whatever), replacing the things that...