Tag Archives: division of assets

How Are Property and Debt Divided at Divorce?

Virginia statutes provide for the "equitable" distribution of the marital property and marital debt between the parties at the conclusion of the divorce.

"Marital property" consists of all jointly-titled property as well as all other property, other than separate property, acquired by either or both of the parties from the date of the marriage through the...
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How Your Marriage Can Impact Your S Corporation

Marital status can impact your S Corporation more than you may realize.

Before starting your business or changing its status, make sure you’re aware of all the implications this has for you and your spouse.

Community Property and Asset Co-Ownership

Community property is the designation given to any asset that a married couple owns together, regardless of the...
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