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If you’re a parent in Virginia who has fallen behind on child support, you might wonder what the consequences could be. Failing to meet your child support obligations can lead to serious legal and financial consequences, so it's important to understand what can happen...
Dividing debt during a divorce can be just as challenging as dividing assets. In Virginia, the court classifies debts as either separate or marital. Understanding this distinction is essential because it determines which spouse is responsible for paying them after the...
Changing your name in Virginia is a straightforward legal procedure. Whether prompted by marriage, divorce, or personal reasons, the state outlines a clear path to make it official. Understanding each step will help you manage the process efficiently. Filing a...
Paying for college can add financial stress when you support a child. In Virginia, rules about including college expenses in child support can confuse you. You likely wonder what responsibilities you have and how to share these costs. College expenses and child...
You can probably understand that a lack of money is a significant factor in contributing to couples divorcing. Any kind of relationship between two people can be difficult when there is no money to have fun anymore, or when you are both feeling the pressure of debt....
Child support is a critical aspect of many family law cases in Virginia. If you’re involved in a custody or divorce proceeding, you might be wondering if there’s any way to waive or avoid paying child support. While the answer isn’t straightforward, gaining a deeper...
A separation agreement outlines the terms for separating a married couple. It helps both parties avoid stress and the expense of a lengthy court process. If you and your spouse decide to live apart, this agreement lets you define how things will be handled during your...
Dividing assets in a divorce can be complicated, especially when it comes to retirement accounts. Whether you have a pension, 401(k), or IRA, understanding how divorce impacts these assets is essential. Virginia law dictates how retirement accounts are split, and...
Child support helps ensure that children receive financial support from both parents. When one parent has a steady income, calculating child support is straightforward. However, it becomes more complex when a parent earns an irregular income from commissions, seasonal...
Trust funds are financial accounts established to hold assets or money for beneficiaries, often under specific terms. When calculating child support, courts consider all sources of income available to parents. For high-net-worth individuals, trust funds can complicate...
