Children of divorced parents in Virginia may experience less stress if their parents decide to co-parent, according to a new study. Researchers from the Centre for Health Equity Studies in Sweden found that children who go back and forth between two parents' homes had...
Tax debt during marriage may be a problem in divorce
On Behalf of Bowen Ten PC | Apr 23, 2015 | Divorce
Virginia residents contemplating divorce may be interested in the way taxes are affected by divorce. Both spouses are responsible for paying taxes owed during a marriage. Making sure returns are filed correctly and that the couple's tax bill is paid is an important...
Virginia bankruptcy and private student loans
On Behalf of Bowen Ten PC | Apr 15, 2015 | Chapter 7
Although it is true that many private student loans cannot be discharged through bankruptcy, Virginia residents may be unaware of exceptions allowing the discharge of such loans either in full or in part under some circumstances. Additionally, some private student...
Divorced couples need to change beneficiaries
On Behalf of Bowen Ten PC | Apr 13, 2015 | Family Law
Although many ex-spouses in Virginia may think they have taken care of all important matters in a divorce, they should also change their beneficiaries after their divorces, unless they wish for their ex-spouses to receive their life insurance money. They must wait...
The biggest financial mistakes divorcing spouses make
On Behalf of Bowen Ten PC | Apr 8, 2015 | Divorce
Sometimes estranged couples in Virginia do not realize the real financial impact of their divorce settlement until they have lived with those decisions. Whether or not they feel like their settlements are turning in their favor, they might be making one or more of the...
Collecting Social Security benefits as a divorce
On Behalf of Bowen Ten PC | Apr 2, 2015 | Divorce
Age, children and the length of marriage affect whether Virginia divorcees are able to collect Social Security benefits from their ex-spouses. While each marital situation is unique, there may be a possibility for stay-at-home parental former spouses, working...
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