You’ve done everything you can to reconcile your relationship with your spouse -- but neither of you are happy. You’ve agreed to divorce. That’s a good first step in the process. The more you and your spouse are willing to work toward uncoupling your lives as...
Academic success declines among wealthy children when their parents divorce
by Bowen Ten Long & Bal, PC | May 5, 2021 | Divorce
Researchers have long been investigating the impact divorce can have on kids’ development and other areas of their lives. In 2019, researchers at the University of California, Los Angeles (UCLA) set out to understand if divorce impacts some kids more than others. The...
Why bring up a spouse’s extramarital affairs in a no-fault divorce?
by Bowen Ten Long & Bal, PC | Apr 23, 2021 | Divorce
Virginia, like most other states, has a “no-fault” divorce option. That means that a couple can seek a divorce just because they have been living apart for at least one year if they have children who are under the age of eighteen. If there are no children or they are...
Deciding on your tax filing status if your divorce wasn’t finalized last year
On Behalf of Bowen Ten Long & Bal, PC | Mar 24, 2021 | Divorce
Filing income taxes comes with a number of changes and considerations after divorce. However, what if you and your spouse haven’t finalized your divorce yet – or perhaps haven’t even begun it? Maybe it was finalized early this year. Unless you filed for legal...
A look at trends in divorce
On Behalf of Bowen Ten Long & Bal, PC | Mar 11, 2021 | Divorce
Divorce, like most things, moves with the times. While divorce has become less frequent overall, it has become more common among those aged over 55. Why has divorce become less frequent? The rate of divorce is at its lowest in years. There are several reasons to...
Financial moves before you divorce that could hurt you
On Behalf of Bowen Ten Long & Bal, PC | Jan 27, 2021 | Divorce
Most people considering divorce want to act carefully to protect themselves. Concerns about financial and custody consequences for divorce often necessitate careful strategy. Unfortunately, some of the financial decisions that might seem the most common sense and...
How is a business divided during a divorce?
On Behalf of Bowen Ten Long & Bal, PC | Jan 14, 2021 | Divorce
Couples going through divorces often focus on the biggest assets when strategizing for their future or litigating with their spouse. Marital homes and retirement accounts often become points of contention for high-asset couples. Any business or professional practice...
What is Virginia’s approach to splitting property in a divorce?
On Behalf of Bowen Ten Long & Bal, PC | Dec 2, 2020 | Divorce
There are essentially two forms of divorce: contested and uncontested divorces. In an uncontested divorce, you and your spouse agree on the terms for your filing before you ever go to court. If you can't reach an agreement, then the courts will set the terms for you....
What divorce looks like when one spouse doesn’t live in Virginia
On Behalf of Bowen Ten Long & Bal, PC | Nov 23, 2020 | Divorce
When a married couple breaks up and is on the path to divorce, usually one spouse will move out of the house -- sometimes far away. In some cases, this raises issues of out of state divorce, especially in places like Richmond and other parts of Virginia that are close...
Factors that may contribute to divorce odds
On Behalf of Bowen Ten Long & Bal, PC | Aug 20, 2020 | Divorce
If you ask someone why they got divorced, they’ll probably give you a very specific example. They may tell you that their spouse had an affair, for instance, or that they suffered from emotional abuse. They may just say that they drifted apart over time or that they...
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