In Virginia, when a couple gets divorced, one may be ordered to pay spousal support – also referred to as maintenance – to the other. There are many factors that are considered when the determination is made as to how much will be paid. That can include the duration...
Oftentimes when we meet with individuals to discuss their divorce, we find that their biggest concern is their financial well-being. This is understandable. After all, there’s a lot on the line in marriage dissolution. Retirement accounts, real estate, and even...
In January 2019, changes to federal tax rules affected the taxation of spousal support. Prior to these changes, the payor of spousal support could write off their obligation from their taxable income. The recipient of spousal support, in this case, would count it as...
Like most other states, Virginia allows spouses who are divorcing to receive maintenance payments from the other spouse. Maintenance is also frequently called spousal support and alimony. In Virginia, maintenance can be awarded to a spouse in most circumstances....
When a marriage ends in divorce, there may be many questions leading to how one of the parties is going to stay afloat financially. Typically, a court will award spousal support, or how it is more commonly known as “alimony” to one of the parties. Usually, the court...
When a couple in Virginia chooses to end their marriage, there are a variety of different decisions that they must make. In some cases, one or both people may be eager to move on with their lives. This could mean they may make certain concessions -- including how...
Most people in Virginia who have gone through a divorce would likely claim that, although the process can be difficult, it was in their best interest to choose that path. While there are some couples who may be able to come to an agreement without asking the court to...
If you are like most people in Virginia, you have likely spent a great deal of time and effort into planning for the future. Unfortunately, this concern can prevent some people from taking action in their life that could ultimately result in more happiness and less...
While the divorce process is typically portrayed as being filled with bitterness and anger, many couples in Virginia have found that it is possible to resolve issues with their spouse without this anger. However, in some situations, couples are unable to work together...
