Property Settlement Questions

Property Settlement Questions

Question: My spouse has offered me cash settlement in our divorce. Do I have to pay taxes on this settlement, and is he going to claim it on his income tax. If this is taxable, is there any way around it? Answer: You should discuss the entire settlement offer with...
What Can I Do to Financially Prepare for Divorce?

What Can I Do to Financially Prepare for Divorce?

Try to Settle All Financial Issues Find out what your rights and obligations are with regard to child support, or spousal support or both; and how the division of assets, and liabilities can be handled. These are all financial issues that must be resolved during...
Dating During Separation and Divorce in Virginia

Dating During Separation and Divorce in Virginia

If you’re thinking about dating after you and your spouse have begun to live separate and apart, you should err on the side of caution. Consider the possibility of the following risks and consequences: In Virginia, you are still married until you are divorced.  If you...