Tag Archives: marriage

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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Why Your Marital Agreement Should Be a Part of Your Estate Plan

It is not uncommon for couples to enter into marital agreements stating what property is separately owned by each spouse and the property rights each spouse will have in the event of separation, divorce, or death.

They are most common when one or both of the spouses is wealthy, owns a family business, or expects a...
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How to Protect Your Family When You and Your Spouse Work in the Same Business

You and your spouse live together, you work together, and chances are you spend a lot of your free time together.

Having a successful marriage and business takes a lot of hard work and dedication but can also be among the most rewarding things in life. But what happens when your business hits a bump in...
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