Bowen Ten Cardani, PC

Call Us For Your Initial Consultation

804-767-6850

Posts tagged "divorce"

How to determine spousal support amounts

In many divorce cases in Virginia, spousal support is among the final issues to be resolved. This is because the parties to a divorce need to split assets and otherwise determine what resources each person will walk away from the marriage with. At that point, talks can begin regarding the potential need for financial assistance. There are many factors that come into play when deciding how much support an ex-spouse should receive.

Steps to protect credit scores during a divorce

Divorce involves the separation of financial lives. Although this process does not necessarily damage the credit scores of estranged Virginia couples, it could result in financial distress and damaged credit records. Jointly held credit accounts, like mortgages or credit cards, create opportunities for negative credit scores after a divorce. Although a divorce decree might require one party to pay a credit card bill, the creditor still looks to both parties for payment on joint accounts. Missed payments ding the credit scores of people who were expecting former spouses to meet their obligations.

Study looks at attitudes toward stay-at-home mothers in divorce

More than 25% of American mothers with kids younger than 18 do not work outside the home. For fathers, that figure is 7%. When stay-at-home mothers in Virginia get divorced, they are entitled to an equitable amount of marital assets. This raises an issue about how to value caregiving compared to being the family breadwinner.

Considerations courts make in child support cases

Determining where children should live and how they will spend their time can be a complicated process when Virginia parents are going through a divorce. The courts are likely to determine that one parent will need to pay child support. This will allow both parents to share the financial burden of raising their children.

Lessons to learn from the Bezos divorce

Many Virginia residents have probably noticed the headlines regarding the separation of Amazon CEO Jeff Bezos and his wife MacKenzie. The divorce has been riddled with stories of adultery and threats of blackmail. While this type of split isn't exactly typical, it's not unusual for high-asset divorces to be complex. There are a few lessons that can be taken away from this celebrity breakup.

The pros and cons of assuming a mortgage after a divorce

In addition to alimony, retirement accounts and child custody and support, dealing with the marital home is often one of the most contentious issues among divorcing couples in Virginia. A common solution is for one ex to keep the home. In such a case, the next step is to determine how to handle the mortgage. One option is to retain the original joint mortgage. Another possibility is to refinance.

Mortgage misconceptions related to divorce and the marital home

Divorcing couples in Virginia and elsewhere tend to disagree over issues like alimony, retirement accounts, pensions and child support. The marital home is another common source of contention when a marriage comes to an end. Oftentimes, a settlement results in one spouse keeping the home. If this is what happens, there are typically three options with the mortgage: keeping the original joint mortgage, refinancing it, or assuming the original mortgage.

Tips for those ending their marriage

While no one ever plans on getting divorced, it is possible that a person could see his or her marriage come to an end. Therefore, it is vital that Virginia residents and others who get married have a plan in case the relationship doesn't work out. For instance, it is important to consider whether or not it is a good idea to keep the family home.

How to end a marriage in a mature fashion

Virginia residents and others who get divorced may see the split itself as a war to be won. However, this doesn't have to be the case. Instead, individuals can work together to end the relationship in a civil and timely manner. Prior to starting divorce talks, it can be a good idea to think about the types of conflict that occurred within the marriage itself.

Email Us For A Response

We’re ready to work with you.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Bowen Ten Cardani, PC

Richmond Office
3957 Westerre Parkway, Suite 105
Richmond, VA 23233

Toll Free: 866-601-7371
Phone: 804-767-6850
Richmond Law Office Map

Ashland Office
9410 Atlee Commerce Blvd, Suite 2
Ashland, VA 23005

Toll Free: 866-601-7371
Phone: 804-767-6850
Ashland Law Office Map

Rated By | Super Lawyers | Rising Stars Britney McPheron
Super Lawyers | K. Matthew Long