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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
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  • Newport News
  • 11815 Fountain Way
    Newport News, VA 23606
  • Phone: 757-425-5200
  • Fax: 757-425-6100
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  • Chesapeake
  • 638 Independence Parkway, Suite 240
    Chesapeake, VA 23320
  • Phone: (757) 425-5200
  • Fax: (757) 425-6100
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Financial Infidelity as a Cause of Your Virginia Divorce (Part A)

Marriages are built on trust, and trust is a delicate factor. If one partner finds out the other has been hiding a secret of any kind, the trust between partners can be broken, sometimes to the point where it cannot be repaired.

Infidelity is one of the best-known destroyers of marital trust. When people think of infidelity, they usually imagine the classic scenario: an extramarital affair. While adultery is high on the list of ways to betray a spouse, financial infidelity is also extremely common and has been gaining more attention of late.

If financial infidelity has damaged your marriage and you're seeking a Virginia divorce, you're not alone. Money is a difficult issue for couples and one that sparks a great deal of raw emotion.

What Is Financial Infidelity?

Financial infidelity involves secretive or dishonest actions with money. When two people get married, it's generally assumed the couple will be open and honest with each other when it comes to finances. Unfortunately this doesn't always happen.

Financial infidelity can include one spouse having a secret bank account, owning property or assets about which the other partner doesn't know, or engaging in covert spending or investing.

Many people were raised to avoid speaking openly about money, so it's fairly easy for one partner to be in the dark about what the other partner is doing with their finances.

Sometimes, financial infidelity can go on for years. It often isn't found out until it begins to affect the couple's everyday life in one way or another. By the time this happens, the infidelity has often caused financial havoc for the couple and drives a serious rift between the partners.

While financial infidelity is a top cause of Virginia divorce, financially dishonest behavior is usually only one symptom of an overall breakdown in a marriage.

Partners may be feeling lonely, unfulfilled, or anxious about the course the relationship is taking. All these negative feelings go unspoken and manifest themselves in secretive spending and hiding money "just in case" the marriage goes bad.

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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

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Charles R. Hofheimer
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