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Month: December 2017

Divorce and Social Security

When couples in Virginia divorce, finances are often a matter of contention. This may be particularly true when it comes to dividing retirement assets, such as IRAs, 401(k)s and pension plans. In some cases, divorcing spouses who are concerned about retirement income...

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How to know if a payment is alimony

Virginia residents and others who receive alimony are often required to count it as income. Those who make such payments are generally able to take a tax deduction. Of course, a payment actually has to qualify as alimony before a person can claim that the payments are...

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Finding a divorce team

Divorce is understandably challenging for many people. However, some spouses have a harder time ending a marriage than others. There are several factors that could make a divorce less or more difficult, but there are some aspects of divorce that a person can control...

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