I’ve written about tax consequences in divorce before, but alas – the law has changed again! It happens, from time to time, which is part of why it’s so important to be sure of where you’re getting information when you search for it online. You need to make sure that you’re not blindly trusting nameless,...
Tax Consequences in Virginia Divorce in 2020
There are a lot of myths and misconceptions about divorce and the divorce process in Virginia. When it comes to property division, there’s a lot of confusion and misunderstanding. I like to think that a big part of my job is just providing education, so that women know what to expect and at least how...
If you and your soon-to-be ex husband don’t own real estate together, well, then, that’s one less thing to fight over or worry about. Whether one of you buys out the interest of the other or you decide to sell your home, there are almost always some difficulties. If you sell the home, especially, it...
Real estate is – sometimes – complicated. I started practicing law actively after the big crash in 2008, but I have been told by several other practitioners who were working at the time that property values meant that people who would otherwise have gotten divorced stayed together. When houses plummeted in value, it meant that...
If you have more debts than assets and you feel like you’re drowning, it may be that divorce shouldn’t be your first thought. Let’s break it down a little bit. Because, of course, financially, divorce CAN help, especially if there are some issues (like his general extravagance) that you want to get out from under....
Technically, everything should get divided in divorce. Anything, that is, that was earned, purchased or acquired during the marriage.Technically, everything should get divided in divorce. Anything, that is, that was earned, purchased or acquired during the marriage. In Virginia (as in most places, though I can’t speak for anywhere outside the Commonwealth), property is divided...
In a divorce, there are often a lot of assets, but none quite so big (or emotional) as the marital home. Most women who come meet with me have really strong feelings about what they’d like done with the house. Whether they want to keep it, sell it, are hoping for a short sale, or...
Worrying about money is the worst. When you’re not quite sure how you’re going to pay your bills, keep a roof over your head, provide for your children, save for retirement, hire a divorce attorney, and put food in everyone’s bellies, it’s a concern. Not to mention all the little extras that come up, and...