Used with permission from bankrate.com Divorce can be complicated for many reasons, including financial ones. The good news is that the divorce rate in the U.S. dropped to a 40-year low in 2018, according to the National Center for Family and Marriage Research at Bowling Green State University. For every two marriages, there was approximately […]
3 Ways to Have a Smooth Mortgage Transition During Divorce
Establish your own credit If you have unsecured loans with your spouse, try to separate them as soon as possible without closing your accounts. By having the account open and removing your spouse, you’ll be able to keep that account’s credit history, which can ultimately help your credit. Keep in mind, even if a divorce […]
Planning Your Next Steps After Divorce
In many divorces, the family home is the couple’s largest asset. One of the most important decisions you’ll make is what to do with your house. SELL THE HOUSE If you aren’t able to – or don’t want to – stay in your home, you can sell your home and try to maximize your profit. […]
Divorce in Virginia
Prepared by the Family Law Section of the VIRGINIA STATE BAR Given the increase in marital breakdown in our society, almost everyone has been or could be affected in some way by a separation or divorce. Dissolving a marriage often involves property rights and financial matters and can raise complicated legal problems, especially when children […]
Children and Divorce
A divorce decree cannot and does not end your responsibility as a parent. Parents are forever. Both parents should make every attempt to play a vital part in the lives of their children, and allow one another to do so. Children need the ongoing affection, interest and concern of their parents. Children must feel that […]