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Posts tagged "divorce"

Divorce rate down, marriages up slightly

While divorce appears to be on the decline in Virginia and across the U.S., researchers say that this statistic does not necessarily predict whether an individual couple's marriage will last or not. Some experts claim there is still a 50/50 chance of every marriage ending in divorce.

The financial aspects of divorce

Negotiations over delicate matters like property division and spousal support can quickly become heated during a divorce, but knowing what to expect may help spouses to avoid bitter disputes and reach amicable agreements. While Virginia's equitable distribution law does not require marital property to be divided equally, it does call for the division to be basically fair. Spouses should prepare for these discussions by setting realistic goals, and they should not allow their emotions to get the better of them when the conversation turns to assets with great sentimental value.

How disagreements over money can lead to divorce

First-time marriages have around a 45 to 50 percent chance of ending in divorce. If people are marrying for the second or third time, that number climbs higher than 70 percent. However, the common cause of many marital problems is disagreements about money, and if Virginia couples can ensure that they are on the same page about financial matters before marriage, they may stand a stronger chance of avoiding divorce.

The best time to file for divorce

Family law attorneys in Virginia and around the country often notice a pattern in divorce filings. Studies have shown that most people file for divorce in August and March, months that follow traditional family holiday periods. Some people believe that is triggered by unsuccessful attempts at reconciliation during summer vacation and Valentine's Day. January, a month that follows winter holidays and begins the new year, is also a popular month for divorce filings.

Baby boomers need to protect assets during divorce

Virginia residents may have heard that divorce among older couples is soaring. A study by the National Center for Family & Marriage Research found that the divorce rate among people over the age of 50 doubled between 1990 and 2014. Divorces tripled for people over age 65 during the same time period.

Paying for a child's athletic future after divorce

Many prominent athletes of the 2016 Olympic Games are children of divorce parents. This shows that a parental separation does not mean that a child has to put their athletic dreams on hold. However, divorced parents of future Olympic hopefuls from Virginia may have to decide how they intend to split the costs of training, lessons and other related costs.

Joint custody could result in lower migration figures

Sociologists and demographers in Virginia and around the country have found it hard to explain the sharp decrease in inter-state migration. About 8 percent of Americans moved to a different state each year in the 1960s and 1970s, but migration has fallen sharply in the 21st century. Rising divorce rates have been blamed for a cornucopia of societal ills and demographic trends, and one researcher believes that evolving child custody practices may explain the rootedness of modern Americans.

Financial planning during and after a divorce

Not every married couple in Pennsylvania shares their financial responsibilities equally. There are many marriages where one spouse controls the bank accounts, investments and bill paying while the other spouse is unaware of what's going on financially. When a couple like this goes through a divorce, the one who was not involved with the finances is usually at a disadvantage.

How the primary caretaker standard affects custody rulings

When divorcing parents in Virginia cannot reach a child custody agreement privately, a family court judge will make a custody decision after looking at a number of different factors. One of the key factors that a judge considers when making a custody ruling is the 'primary caretaker" standard.

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