Depending on your age when you’re getting divorced, your retirement options may be at the forefront of your mind. For instance, the rate of divorce for those who are 65 years old and older has tripled over the last few decades. Couples around this age are often...
Divorce
3 common challenges when dividing investments during divorce
Investing is an important financial strategy for people thinking about the future. Married couples often develop investment plans as a way to increase their personal wealth and prepare for retirement. They buy stocks, acquire vacant parcels of land, purchase gold or...
Will your FEHB coverage continue if you divorce a federal worker?
It’s certainly a stressful time for federal employees here in Northern Virginia and across the country. If you’re considering or already planning a divorce (and you and/or your spouse is a federal employee), the temperature in Washington can definitely add uncertainty...
Does divorce mean you have to return your engagement ring?
One conflict a couple sometimes runs into during a divorce is what to do with the engagement ring. An engagement ring can be a significant investment. Many people spend thousands of dollars, if not tens of thousands, on them. As a result, both spouses may see the ring...
Are gifts separate or marital property?
When couples divorce in Virginia, their property is classified as either separate or marital. This distinction can play an important role in determining what each spouse is entitled to, especially when a divorce process is not wholly amicable. Ultimately, gifts can...
Is no-fault divorce an option for Virginia spouses?
Divorce can very quickly become a contentious process. Spouses disagree about a reasonable and fair way to divide their resources and their parental rights and responsibilities. They may need to go to court to have a judge resolve their disputes with one another. The...
A divorce registry can help you focus on dividing valuable assets
Sometimes, one of the most time-consuming (and often stressful) chores of divorce is deciding who gets what. We’re not talking about the house or the bank accounts, but the “stuff” that a couple has accumulated over years of marriage. As one or both spouses move into...
Will divorce follow your child’s departure to college?
Researchers have identified certain trends when studying divorce statistics. One notable observation is that divorce rates tend to increase when a couple becomes empty nesters. For instance, imagine you and your spouse have one child who is a senior in high school....
How to rebuild your financial stability after a divorce
Rebuilding your financial stability after a divorce can feel overwhelming, but you can create a secure and independent future with the right strategies. Divorce often brings significant financial changes, and addressing these challenges head-on is crucial. By...
5 reasons to be totally honest with your divorce representative
As you likely know, divorce brings many challenges, making legal guidance vital, but the relationship you build with your representative hinges on total transparency. It can be difficult to disclose intimate or embarrassing details about your life and marriage, but it...