Dannenbaum Law Firm, PLLC

December 2017 Archives

Why people choose to end their relationships

A couple in Virginia or elsewhere in the United States could get divorced for any number of reasons. However, there are seven common scenarios that result in the end of a marriage. One of the most common reasons is substance abuse, and this may mean that a person has problems with either drugs or alcohol that lead to a divorce. A lack of commitment may also make it difficult for a relationship to succeed.

Divorce mythbuster: Sorting fact from fiction

Before you decided to divorce, you may have discussed the idea with friends or family members who have already navigated the process in Virginia. If so, you may have received some worthwhile advice and information about how to keep stress levels low and bounce back quickly once the court hands down your decree. You may also have been given some misinformation, however, as there are many divorce myths circulating that a lot of people believe if they don't take time to determine fact from fiction.

Nesting: It might be the key to unlock your low-stress divorce

As you watched your children grow from their toddler years into pre-teens and teenagers, you've enjoyed seeing them spread their wings, make friends, increase their knowledge and set out to achieve their goals. When you sat them down to tell them you were getting divorced, one of their biggest concerns was whether they would have to move. Even a mere mention of going to a new school, leaving their current Virginia neighborhood or having to travel back and forth from your house to their other parent's seemed to cause them stress.

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 overlook one important benefit: Social Security.

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 tax deductible. To qualify as alimony, a payment has to be part of the divorce decree or a similar arrangement.

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 in order to make the process more bearable. Virginia residents may need to take special consideration when building a support team after a divorce.

Deciding to get a prenuptial agreement

With a prenuptial agreement, spouses can determine rules for property division if a marriage ever goes south. While some Virginia couples might feel that a prenup indicates that they are preparing to get a divorce, this is not necessarily the case. A prenup simply protects people in the event of separation or the death of a spouse.

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