Jump to NavigationJump to Content

Hofheimer/Ferrebee P.C. - (757) 425-5200

Hofheimer/Ferrebee P.C.

Need Help? Call (757) 425-5200

OFFICE LOCATIONS

  • Virginia Beach
  • 1060 Laskin Road Suite 12B
    Virginia Beach, VA 23451
  • Phone: (757) 425-5200
  • Fax: (757) 425-6100
  • View Map
  • Newport News
  • 11815 Fountain Way
    Newport News, VA 23606
  • Phone: 757-425-5200
  • Fax: 757-425-6100
  • View Map
  • Chesapeake
  • 638 Independence Parkway, Suite 240
    Chesapeake, VA 23320
  • Phone: (757) 425-5200
  • Fax: (757) 425-6100
  • View Map

GET A YEAR OF TGB FREE!

Subscribe to our mailing list and receive tips, articles, and information to help you get your life back on track after the divorce.
Learn more >

Blog Category:
1/26/2011
Charlie Hofheimer
Comments (0)

Dividing Personal Property during a Virginia Divorce

If you are fortunate enough to be able to work amicably with your spouse towards a fair and reasonable Virginia divorce settlement, the best way to divide your belongings is to work together with the help of your respective attorneys and agree upon how to allocate your personal property. 

However, many couples cannot reach an agreement on their own and the courts must decide what is fair. In this case, it's beneficial to have a Newport News divorce attorney to help bring to light factors that the court may deem important in assigning you a fair share of the marital property.

The state of Virginia handles property division by way of equitable distribution, and the judge will decide what constitutes a fair division with your marital property. This means that things may not be split straight down the middle, but rather awarded in a way that the judge deems equitable, or reasonable.

When the courts decide how to divide personal property during a Virginia divorce, they consider various factors, such as:
 

  • how much separate property each spouse has;
  • duration of marriage;
  • earning potential;
  • contributions made toward acquiring and maintaining the property;
  • homemaking services;
  • economic fault (wasting money during marriage, such as in gambling);
  • age and state of health; and
  • tax consequences. 


Avoid rushing into any agreement and unintentionally waiving your rights to property that you may be entitled to. A Newport News divorce attorney that's experienced in helping women obtain fair settlements can help you protect your personal property in your divorce. 

Contacting a Newport News Divorce Attorney

There are very specific rules governing divorce in Virginia, including the ins and outs of property division. At Hofheimer/Ferrebee we are committed to providing you with the experience and compassion you deserve and the successful results you need to move on with your life. Request a FREE copy of our divorce guide for women in Virginia, or reserve your seat at our monthly divorce seminar - 757-425-5200.



Category: Property Dispute



Woman filing for divorce in VirginiaWhat Every Virginia Woman Should Know About Divorce is full of thoughtful steps and practical tips that will help you during your separation, divorce, or child custody case including:

-- 20 guidelines for "separation under the same roof"

-- 13 critical factors used to determine spousal support

-- 3 types of property classification recognized by Virginia courts

-- 10 factors your judge must consider in a contested custody case

-- a formula to determine your percentage share of his retirement benefits

-- 38 Financial Records you should be aware of

-- 20 steps to prepare for divorce

-- 7 stages of divorce

-- 40 age-appropriate books about divorce for children

Get Your FREE Copy Today!





 
Charles R. Hofheimer
Charles R. Hofheimer
View lawyer's profile
 
 
Super Lawyers
Charles R. Hofheimer
 
visit superlawyers.com




There are no comments.

Post a comment

Post a Comment to "Dividing Personal Property during a Virginia Divorce"

To reply to this message, enter your reply in the box labeled "Message", hit "Post Message."

Name:*

Email:* (will not be published)

Website:

Message:

Notify me of follow-up comments via email.

For security purposes, please enter the graphic text in the box below: [hit F5 if you can not read the text]