As Virginians watched the Summer Olympics, they may not have considered the cost of the training that allowed the athletes to make their dreams come true. When parents are divorced, figuring out how to pay for all of the associated expenses for athletically gifted kids can be an issue.
Parents in Virginia and throughout the country who divorce are more likely to share custody and avoid relocating, according to a study by a researcher who has examined changing migration patterns. Americans move to another state half as often as they did 50 years ago, but demographers have not known why. A University of Connecticut professor identified the changing nature of American families as one major factor.
Virginia couples get divorced for a number of different reasons. When people get married, they likely do so without wanting to think about the possibility of their union ending. Unfortunately, many marriages do dissolve. A study looked at one factor that is strongly correlated with a couple's risk of divorcing.
Many married couples in Virginia realize too late that they are financially incompatible. Couples often walk down the aisle having never discussed their finances or created a prenuptial agreement to specify who owns what. Later on, spouses with completely different views on spending, saving and investing could have a lot of conflict.