As 2019 winds down to a close, many Virginia spouses are making plans and setting goals for the new year. For some, filing for divorce is at the top of the list. Depending on various issues, such as whether there are children involved, the income level of each spouse, what types of marital assets and liabilities exist, etc., proceedings may be rather simple or highly complex. Either way, ending a marriage is typically a stressful experience, and not knowing what to expect during divorce proceedings can make things worse.
If you and your spouse are willing to amicably discuss related issues in order to reach an agreement, you may be able to settle your divorce without going to court. If that is not a viable option, litigation may be necessary. No matter which specific legal path is chosen, it pays to be as prepared as possible to avoid complications.
You’ll want to stay one step ahead by reviewing your finances. It is helpful to make an itemized list of all marital property and debts. Such a list might include information regarding real estate, vehicles, art or jewelry collections, retirement funds, investment information and more. It is also critical to list any existing debt as a settlement not only includes division of property but also assigns liabilities to each spouse as well.
Divorce Mediation Plus is committed to helping Virginia spouses protect their rights and best interests in divorce. Whether you decide to work out a settlement through the mediation process or wish to litigate your divorce, you can take comfort in knowing that you do not have to handle the process on your own. By requesting a meeting, you can take a first step toward accomplishing your immediate goals and also lay the groundwork for your future.