The Economic Consequences of Divorce
Divorce should not be undertaken lightly, not just because of the deep emotional consequences it can create, but also because of the economic consequences that follow a divorce. Once a couple has filed for divorce, the marital property will be divided, either by agreement of the spouses through a written property settlement agreements or by order of the court. This property division will determine the ownership of all marital assets, including savings accounts, retirement accounts, real property, debts, vehicles and personal effects.
Other economic consequences of divorce include spousal support and child support obligations. Spousal support may be predetermined according to a prenuptial agreement or it may be agreed upon by the spouses during the divorce proceedings. If the spouses cannot agree on the issue of spousal support, such support will be determined by the court. Child support, unlike spousal support, is a legal right of the children and can be set by the court according to statutory child support guidelines.
If you are facing the possibility of divorce and have questions, you should contact our office where are attorneys are familiar with Virginia divorce laws. At Dua Law Firm, PLLC, our attorneys are experienced in both fault and non-fault divorces and we understand the legal process. Our goal is to make our clients feel at ease during divorce proceedings and help them obtain favorable property settlement and support arrangements. Please contact us today for representation during your divorce proceedings.
In Virginia, an absolute divorce (also referred to as a “Divorce a Vinculo Matrimonii,” or Divorce from the Bonds of Matrimony) may be obtained by no-fault grounds or fault grounds. No-fault grounds for divorce are established by living separate and apart continuously for one year. If there are no children under the age of 18, the spouses may be granted a no-fault divorce after living separate and apart for six months if they submit a written property settlement agreement to the court.
Fault grounds for divorce may be based upon any of the following:
- Conviction of a felony
Alternatively, a married couple may be granted a “divorce from bed and board” (similar to a legal separation). This arrangement permits separation of the couple and could resolve the property interests, but does not allow either spouse to remarry until the death of one of the parties.
Talk With an Experienced Fairfax Divorce Attorney at Dua Law Firm, PLLC
Call Travis Van Hook or Raj Dua at (571) 325-0900.
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I gladly hired Mr. Travis to handle my Divorce case, this is the first time I file for a divorce so he took the time to explain to me how it works and how we should proceed. His fees were very reasonable compared to other lawyers in Virginia. He is a very knowledgeable and competent lawyer, working fast and efficient to go through the divorce papers. Mr. Travis was almost always available when I would call the office to discuss issues regarding my case. If he wasn't available he would call back as soon as possible.
Travis is a very experienced lawyer in landlord/tenant dispute. He provided timely and well-thought advice throughout. More importantly, he is responsive and accessible at any time. Highly recommended.
Travis is very honest and compassionate. I used his services on 2 different occasions within the last 5 years and saw him grow into a very strong professional. He is very good at listening and truly understanding your needs and won't spend needless time and money. He will fight for you and the best interest of your kids. I cannot recommend Travis highly enough if you are facing a difficult time of divorce and need a caring yet very strong attorney who's truly looking out for you.
I found Raj Dua through a womens’ advocacy group in June 2008. My three children had been abducted from India and brought to the Virginia, USA without my knowledge, and I was beginning a long struggle to get my children back through the Fairfax courts. Not only did Mr. Dua come highly recommended to me by the womens’ group who was helping me at the time, but as I began working with him, I found that he was very talented. From the first meeting, Mr. Dua presented a keen intelligence, an eye of detail and a sympathy for my case.
My case was a very complex one involving two countries, the issue of subject matter jurisdiction, divorce, custody, child support and more. Mr. Dua worked long dedicated hours to sift through the complexities, prepare for each hearing thoroughly, and present lucid arguments at court. He was dedicated to the case every step of the way, and was instrumental in helping me get the positive outcomes I wanted – at every hearing. He placed a strong emphasis on detailed case preparation, including a lot of research of case law, and excellent presentation, and had an eye for the right details that could either make or break a case. Mere words cannot express my gratitude to Mr. Dua for his skill, talent, compassion, and understanding of my case. If anyone has a complex matter, especially with regards to family law/custody, I would say that Mr. Dua would definitely be the best person to contact.
I recently used the services of Dua Law Firm and worked with Travis Van Hook. Travis is responsive, thorough, understanding, and effective. He is very knowledgeable about and has a great deal of experience with protective orders. I felt a great sense of comfort having him represent me and was quite pleased with his work. Without reservation, I highly recommend Travis - you won't be disappointed!
Travis is very knowledgeable, responded very promptly to my messages and provided me with the legal advice I needed. He was always very professional, kind and supportive. I highly recommend Travis and I will continue to retain his services, as needed.