Division of debts in a divorce

The parties to the divorce need to divide up both their assets and their liabilities. Often, the debt that is associated with a car, a house or other type of asset will go with that property. So, if someone is taking their Toyota Corolla in the divorce and there is a...

Consider future events while dividing your assets

While conducting divorces, the state of Virginia splits assets between the spouses based upon the principle of equitable division. This means that while a judge may not divide up assets equally, the judge will seek to split them in a fair manner. However, during the...

The financial side of custody disputes

Parents have many different factors to consider while they are working through a dispute over child custody, such as helping their child process the major changes that lie ahead and preparing for court. However, the financial aspects of a child custody dispute require...