After divorcing, Virginian residents will likely have some sort of child support order in place, allowing both parents to continue financially supporting their child together. However, financial situations are not unchanging. If a parent needs to request an adjustment, they should understand the steps that must be taken.
When dividing up valuable assets during a divorce, couples must make sure that they get the correct valuations for all of their marital property. Some, such as real estate, is fairly simple to assess value. Other significant assets can be more complex. Often, timing is key to achieving the optimum value for negotiation purposes.
The number of divorces involving Americans over 50 has increased dramatically over the last few decades; indeed, statistics regularly suggest that since 1990, the divorce rate for Americans between 55 and 64 has doubled and it has tripled for those 65 and older.