Subscribe to our mailing list and receive tips, articles, and information to help you get your life back on track after the divorce. Of course, while some financial disagreements are more difficult to predict than others, sometimes a couple's monetary situation will change dramatically and unexpectedly during the course of their marriage. This can throw a curve to any couple, as they are thrown off balance by the shift in their socioeconomic status.
The economic recession of the last 2 years has had a strong impact on many Virginia couples. The stress of debt and the challenges that come with sharp household cutbacks can put pressure on even the strongest marriage.
While financial disagreements often stem from lack of resources, wealthy couples are by no means exempt from money-related drama; at times, having shared access to larger amounts of money and other holdings can lead to marital tension if the couple cannot agree on what should be done with these assets.
What types of financial disagreements can lead to divorce?
If a couple owns a business together, things can get complicated rather quickly. Business partners sometimes disagree, whether or not they happen to be a married couple. If each partner has a different vision regarding the direction of the business and can't come to a compromise, tensions can rise to the point where the couple will seek a Virginia divorce.
Financial disagreement and adultery are 2 of the most common reasons couples separate; when these factors combine, the results can be quite serious. For example, if a partner has an affair and spends resources on gifts and support for his lover, financial loss is added to the list of damage done by the affair. This is often enough to cause the cheated partner to file for a Virginia divorce.
Whether the issue is intentional misuse of funds, unintentional financial mismanagement, debt or another problem, the strain of financial disagreement can lead a couple to a Virginia divorce court.
If you feel that financial disagreements have caused the breakdown of your marriage and you're looking for advice on how to proceed, contact a Newport News divorce attorney to talk about your options.
Contacting a Newport News Divorce Attorney
Our Newport News divorce attorney team cares about your rights, the welfare and happiness of your children and your financial security. Let us use our unique experience and legal knowledge to help you focus on your goals for the future and your family. To learn more about Virginia divorce, request a complimentary copy of our guide, What Every Virginia Woman Should Know About Divorce, or reserve your seat at our monthly divorce seminar - 757-425-5200.
What 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!
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