A “Gray Divorce” is the term that is used nowadays to describe divorces where the parties are over the age of 50. You may not prefer the term – because, hey, JLo is over 50, and she’s TOTALLY not gray – but the reality is that we often lump these types of cases together...
What is a Gray Divorce?
I’ve been guilty of it, too, in the past. I’ve asked a friend, who confided in me about the misery involved in her relationship, why she stays. Why she doesn’t just go, because doesn’t she know she deserves better? These days, I try not to. Because I know it won’t help. Because I know...
In Equitable Distribution, the legal process through which we divide the assets and liabilities of a marriage between the parties, the court doesn’t automatically assume a 50/50 split. This is different than states that follow a Community Property model of division. In equitable distribution (or ED, as we sometimes call it), it’s almost like...
When I was a brand new baby lawyer, fresh out of law school, it was a few years after the 2008 real estate crash. At that time, I remember seeing a lot of people – yes, even several years later – who came in with tons of debt and houses that were underwater. At the...
In most cases, my clients have been with their husband for a number of years, accumulating a number of possessions – both consequential and inconsequential. Though we don’t often spend much time dividing the sheets and bath towels, other things, especially big ticket items like houses and cars, do occupy a fair amount of time...
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....
Equitable distribution is the fancy way we describe how property is divided in the Virginia divorce process. Under equitable distribution, the court looks at all a couple’s assets (the things that are worth money) and liabilities (yes, your debt gets divided, too!) and makes a determination about what each former spouse should take away from...
For many married couples, the home is one of the biggest (if not the biggest) asset. You’re going to have to do some thinking about what you want done with the home after divorce. For a lot of reasons, the home comes with a lot of emotional attachment, and different people have different ideas about...