When people in Virginia think about prenuptial agreements, they may think that such agreements are used only by celebrities, millionaires and people who have inherited a significant amount of family wealth. However, many people can find these agreements useful and helpful, even when they don't have major financial resources. A prenuptial agreement is, at its simplest, a contract made between two people before they get married that deals with the property they have at the time of the marriage.
Virginia parents who are ending their marriage might be concerned about how it will affect their ability to save for their child's college education. With the expense of maintaining two households instead of one and concerns about child and spousal support, paying for college may become less of a priority. However, with tuition continuing to rise, it may be important to think about how to afford it.
You and your soon-to-be ex-spouse most likely spent a healthy amount of time building a life together. It is likely that the two of you gathered numerous assets during your marriage. Now that the marriage has come to an end, what happens to the house, the cars and the bank accounts?
When Virginia children come from wealthy families, they might feel pressured by their parents to sign a prenuptial agreement before getting married. Although parents often do this simply because they are concerned about preserving the family wealth, children might be resistant and feel this is a reflection on their parents' feelings about their future spouse.
Couples in Virginia may be more likely to divorce if they begin their relationships in traditional gender roles and the status quo suddenly changes, according to a new study conducted in Sweden. Researchers found that wives who experienced a career boost after either earning less money than their husbands were much more likely to split up.
When parents in Virginia and other parts of the country divorce, they generally work with one another to find custody and visitation arrangements that will benefit their children even when their relationships have become hostile and acrimonious. Divorcing parents may spend time negotiating physical custody and organizing visitation schedules, but they should also consider who will have legal custody of their children. While physical custody allows parents to spend time with their children, legal custody authorizes them to make important decisions about their education, health care and upbringing.