Alimony or spousal support, as the Virginia courts refer to it, is a payment from one ex-spouse to the other for financial maintenance after a divorce. It is not paid in all divorces. It also has limits and various terms. Payments are pretty dependent on the situation and the marriage. The Code of Virginia explains the exact guidance judges are given when making a determination about spousal support.
When a couple in Virginia decides to get a divorce, a majority of their attention will be turned to important decisions like where they will live, how time will be split between children and whether or not modifications need to be made to financial assets. Throughout the course of making such critical decisions, it may be difficult for couples to focus on their career. Distractions, emotional turmoil and anxiety can create difficulties at work and result in inefficient job performance.
If you have recently gone through a divorce, you may have already begun to experience the challenges of rebuilding your life as an independent person. You may have experienced significant changes including a move to another part of Virginia, the loss of companionship or even a change in the amount of time you are able to see and spend with your children. Fortunately, even if you were not awarded full custody of your children, there are still things you can do to make a positive impression and be a great parent.
For many happily engaged couples in Virginia, the last thought on their mind is divorce. So, when the idea of signing a prenuptial agreement is proposed, many people are immediately turned away or even offended at the thought. However, what a lot of folks do not realize is that having this type of agreement in writing can actually be a valuable tool to use and reference throughout a marriage whether it ends in divorce or not.
You and your spouse have made the mutual decision to get a divorce in Virginia and now the real work begins. It is time to begin making decisions about who will have primary custody of your children, which of you will pay alimony, how assets should be split and how retirement accounts will be divided. With so many time-consuming and critical decisions to be made, is there a way you can make everything go faster? Fortunately, by applying some general suggestions, you may be able to keep the process moving efficiently without compromising your benefits.
Once you and your spouse have made the difficult decision to divorce in Virginia, you are faced with the harsh reality that you need to break the news to your children. This kind of extreme adjustment is often met with confusion, sadness and even anger from young children who do not yet understand what is happening. At Ferriswinder PLLC, we have been able to help many couples work through the legalities of divorce with an outcome that is beneficial for all parties.
For some people, making the decision to end a marriage can be incredibly tough. Often, people who have been married for years wonder how splitting up with their spouse will affect them, not only from a financial point of view but from an emotional standpoint as well. Moreover, those with children may face additional concerns related to the custody of their children, child support, and other matters. However, these concerns may be relieved by carefully looking ahead and preparing for some of the different challenges that could arise. Moreover, there are a number of reasons why divorce can be advantageous for people in Richmond and across the entire state of Virginia.