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Divorce Archives

Steps to take when closing a joint account

Virginia residents often share a bank account with their spouse. If the need arises to close the account, it can generally be done without the consent of the other person or people on the account. However, it may be best to have everybody on board with the closing to ensure that all parties know what is happening with the money.

The relationship between careers and divorce

Virginia military members are more likely to go through divorce than those in other professions, according to an analysis of census data by the website Zippia. The analysis found that three of the top 10 jobs with the highest divorce risk before age 30 were military professions. The number one career associated with divorce was first-line enlisted military personnel. The two other military jobs in the top 10 were air weapons and tactical operations. Other professions in the top 10 included mechanics, automotive service technicians and logisticians.

Myths about divorce can confuse separating spouses

Virginia residents headed for divorce may receive a lot of advice from family members and friends based on their personal experience or that of their own loved ones. However, a number of common beliefs are not true. Correcting that information can help to protect the emotional and financial well-being of people in this situation.

Handling finances before a divorce

For Virginia couples who are ending their marriage, the manner in which they should handle their finances with a divorce on the horizon may be a cause for concern. However, there are things they can do to prepare for the process.

Shared parenting after a divorce

Parents in Virginia that are splitting up may want to consider engaging in shared parenting after the divorce. According to multiple studies, shared parenting is a significant factor in the health and development of children after their parents get divorced.

Disagreements over Donald Trump leading to divorce

Arguments over politics are commonplace in a marriage. Virginia couples who are on different ends of the political spectrum will frequently debate certain issues and agree to disagree. However, some circumstances can send a dispute over the edge and lead to the end of a marriage. Research has shown this to be the case with the election of President Trump.

Some demographics more at risk for gray divorces

So-called gray divorces, or separations affecting people over the age of 50, have increased substantially in Virginia and across the country. While divorce isn't always predictable, researchers and analysts have found common associations for divorce and underlying reasons that couples over 50 should be aware of.

Divorce down for younger couples, up for older ones

People at or over the age of 50 in Virginia and throughout the country may be more likely to divorce than people in the 25-to-39 age group, and in 2015, they were getting a divorce at two times the rate they were in 1990. People at or over 65 are three times more likely to divorce than they were in 1990. However, the divorce rate is dropping among younger couples, and this may be because people are marrying later in life.

What may happen to a trust in a divorce

Virginia residents who are getting married and who are the beneficiaries of a family trust might want to check the terms of that trust to find out its status in the case of a divorce. With a third party trust, even if it is intended only for one individual, the other spouse might have a claim on it.

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