Dannenbaum Law Firm, PLLC

Posts tagged "Divorce"

Signs that it's time for a divorce

An outsider may be able to tell a Virginia couple when it is time to quit their marriage. However, it could be more difficult for someone who is actually in a toxic relationship to know when to call it quits. Individuals who are considering a divorce may want to pay attention to some specific signs.

More men's wages than women's garnished for child support

Some Virginia parents may be among the 7 percent of workers nationwide who have their wages garnished. A study by the ADP Research Institute that examined 2016 pay data for 12 million workers found that far more men than women had their wages garnished. Almost all of those garnishments were for child support while women tended to have wages garnished for other reasons such as taxes or student loans.

Older adults and divorce

Older adults in Virginia and throughout the country are about twice as likely to get a divorce as people their age were in the 1990s. Along with this higher divorce rate for older adults comes the complications of having their assets cut in half just as they are nearing retirement age. Many older adults may also have limited employment opportunities. Therefore, divorce can present a number of challenges for this demographic.

Ways divorced parents can create constancy for children

One constant struggle for children of divorced parents in Virginia and around the country is learning to find normalcy in splitting time between two different households. The rules at one parent's home often differ from the rules at the other's, and this inconsistent style of parenting can cause upset in the adjustment ability of the children. While no one set of ideas will work for every family, there are steps to take in order to minimize any negative effects of parenting from different households.

Divorce mistakes with lost alimony deductions

Virginia couples headed toward divorce may want to learn all they can about property division requirements under state law and the tax consequences of dividing various assets. In addition to saving money for both parties, this information could also be useful during negotiations. One of the typical provisions of a divorce agreement is spousal support. Couples may use the beneficial tax status of alimony to harmonize other aspects of property division.

Determining whether to go through mediation or not

Once the decision to get a divorce has been made, estranged Virginia couples will need to determine how they want to go about actually ending their marriage. If the couple is able to work together, mediation may be an appropriate method. However, it should be noted that it will not work for everyone.

Financial planning for an impending divorce

When a marriage is stable, couples usually feel that their financial life is also completely joined. This often results in blurred lines when it comes to making financial decisions and sharing financial information. However, as some Virginia couples know, when a divorce is a possibility the financial aspects of the relationship can become very complicated.

The accuracy of child support calculators

Virginia parents going through a divorce may turn to child support calculators to get an estimate of how much they will pay when it comes to child support. However, parents should be aware that these can have flaws and may give a different amount than what the judge eventually orders.

What a divorce cannot do

Many Virginia married couples may feel that they know how the divorce process works. However, there are lots of misconceptions surrounding divorce. The process can accomplish some things, like property division and child custody disputes, but not others.

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