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April 2019 Archives

What to know about retirement after a divorce

Divorce can have a significant impact on Virginia couples For instance, it may be necessary to divide property, decide who gets the kids and determine if either side gets alimony. When going through the process of creating a divorce settlement, it is important for each side to determine how it could impact their retirement. If an individual has an IRA, 401(k) or a pension, it might be divided in a settlement.

Joint custody more likely than in the past

How the legal system handles divorce and child custody has changed significantly over the past several decades, and parents in Virginia are more likely to share custody than was once the case. In the past, custody was often awarded to mothers on the assumption that they were the best caretakers for children. Mothers still get sole custody more than fathers do, but there is a shift toward more visitation time for fathers and more shared custody.

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