Virginia couples who are contemplating divorce may be able to relieve some of the stress associated with worrying about their financial future. Instead of focusing on the unknown, it is better to be realistic and focus on what is currently known. The four categories the couples can focus on include assets, income, liabilities and expenses.
The well-publicized divorce of Jeff and MacKenzie Bezos has highlighted the issue of what a Virginia stay-at-home mom should receive in a divorce settlement. In most states, the answer to that question seems fairly obvious because the law requires an equitable distribution of assets. However, only a few states actually distribute assets equally. Even when a woman gives up a promising career to stay at home, it is unlikely that she will receive half of the assets or be granted long-term alimony.