When a divorce means that one or both parents and their children must move, Virginia grandparents may find themselves trying to maintain strong relationships with grandchildren across county, state or even international lines. Long-distance grandparenting can be challenging, but modern technology has eased the way for far-flung families to stay in close communication.
Benefits of a cohabitation agreement
Though same-sex marriage has been legally recognized in Virginia for several years, many couples prefer to remain unmarried for a variety of reasons. However, if such a relationship comes to an end, it may be difficult for either partner to obtain a legal basis for financial support. Thus, it is important for cohabiting couples to arrive at a legal agreement regarding each person’s obligations, financial and otherwise, within the relationship.
Taxes and the importance of financial honesty in divorce
Hidden assets are a common occurrence in many marriages. When the relationship comes to an end, however, it is likely that any financial deception will be unearthed with severe consequences not only during the divorce but also when tax season rolls around. Thus, it is essential that Virginia couples provide a clear, consistent and honest account for all assets and debts during divorce proceedings.
How do joint assets affect credit scores after divorce?
When it comes to divvying up joint accounts or coming to a financial agreement about joint payments during a divorce in Virginia, you may find yourself worrying about the effects this process will have on your credit score. You may face hefty expenses from the divorce proceedings, including alimony or child support, and you also need a way to finance yourself as you begin this new chapter in your life.
