Women who have gone through a divorce in Virginia know that dealing with financial challenges can be overwhelming. While men can experience financial difficulties after a divorce, women are more likely to experience a decrease in income and live below the poverty...
Divorce
Some couples are saving money by getting a divorce
Many happily married Virginia couples would feel uncomfortable asking their spouse for a divorce in order to save some money. However, there are some who are considering a divorce on paper in order to save money, especially high-earning couples who want to avoid the...
Determining a home’s value in a divorce
Estranged Virginia spouses who are seeking a divorce may be interested in retaining their marital homes. In some cases, this is done by buying out the other spouse. There are many different factors that need to be considered when determining how much a buyout could be...
Marital problems that lead to divorce
While there is no way to look at a marriage and accurately predict whether or not the union will last, relationship experts, divorce attorneys and psychologists have combined their knowledge to make a list of potential bad habits that a couple may not be able to...
Research finds emotional, psychological reasons for divorce
Virginia couples who are considering ending their marriages may be doing it because they are not emotionally fulfilled. According to a survey of 2,371 divorced people, psychological and emotional reasons may have replaced reasons such as addiction or violence as the...
Finding a way to become private in a social media world
In Virginia and across the United States, people thinking about divorce typically have active accounts on one or more social media websites. Although it is fine to maintain an account on Twitter or Facebook during and after divorce proceedings, people who want...
Financial planning may reduce co-parenting stress
The American Psychological Association has reported that between 40% and 50% of marriages nationwide end in divorce. It is among the most stressful events a person can experience, and it can bring with it financial concerns, especially for couples who have children....
Keeping separate accounts may not protect funds in divorce
According to a survey conducted by Bank of America, 28% of people in the millennial generation choose not to establish joint bank accounts with their spouses. Members of this generation in Virginia are more likely to keep their financial lives entirely separate than...
Divorce trends differ based on age
People in Virginia and across America are generally accepting of those who have gotten a divorce. However, the divorce rate has fallen from 4.7 per 1,000 American adults in 1990 to 2.9 per 1,000 in 2018. There are a variety of reasons as to why this is the case, and...
How divorce can affect Social Security
When Virginia couples decide to divorce, there are some effects on Social Security that they may benefit from learning about. Since 96% of American workers are part of the Social Security system, these issues can affect a large number of people. There are some...