Virginia parents who are concerned about how divorce will affect their children can take certain steps that will help their children adjust better and avoid behaviors that may harm them. For example, parents should try to present a unified front to their children and keep rules consistent between households. If they have disputes with one another, they should not involve the children in them.
When parents of young children decide to get divorced, they may need to seek a custody determination in court. In Virginia, parents may reach agreements about custody on their own, get help from a mediator, use a collaborative process or litigate the issues through the court process.
When a couple in Virginia gets a divorce, they might have a retirement account they need to divide. If it is an IRA, there may be certain regulations that need to be followed to prevent having to pay taxes and penalties. A person's distribution must be rolled into another IRA.
While thinking about divorce can be unsavory, couples in Virginia who are getting married might want to consider creating a prenuptial agreement. These agreements can help keep assets separate and specify what will happen to shared property if a split ever occurs. Another consideration is to get large assets valued. This will ease the property division process.
Fathers in Virginia who are going through a divorce might want to get custody of their children. However, many dads feel at a disadvantage in court since custody is traditionally awarded to mothers. Nevertheless, there are a few things a father can do to increase the likelihood of getting custody.
In December 2017, the U.S. Congress passed a new tax law that made sweeping changes. As a result, a number of couples in Virginia and across the United States may be hastening their divorce plans before some significant modifications go into effect. Each year in the United States, approximately 800,000 couples finalize their divorces. This number could rise in 2018 as couples seek to avoid a provision in the tax law that will affect the way that alimony and spousal support are taxed.
Financial considerations are often major considerations for people in Virginia who are headed toward divorce. The end of a marriage has severe financial implications for most divorcing spouses in addition to the emotional and other practical concerns that accompany a split. One financial aspect of divorce that is not always recognized is the changes that are necessary to deal with tax filings following a divorce.
Some couples in Virginia might believe what could be damaging myths about marriage. For example, they might think there is a right and a wrong way to fight and that their way of fighting means their marriage is in trouble.
Virginia couples who get a divorce should have a financial plan to ensure that it does not adversely impact their financial future. Each party's financial goals after a divorce may be drastically different from those they had during their marriage. When making financial decisions, emotions should be set aside and objectivity should be the focus. There are multiple financial planning strategies that can be used to make the best decisions after a marriage comes to an end.
Many people in Virginia and elsewhere around the country choose to get divorced after the holidays. The number of divorce filings surges in January of each year. People that are planning to get divorced should do several things in order to properly prepare.