Posting on social media has become an intrinsic part of daily life for many Virginia residents. Facebook pages and Twitter feeds often paint a telling picture of how a person feels and thinks. Many divorcing spouses turn to social media to vent when the emotional strain of the process begins to take a toll, but they would be wise to think carefully before they post. Everything they say is likely to be read by their spouses and their attorneys.
Lavish weddings lead to a surge in marital debt
Lavish weddings are becoming more common in Virginia and around the country, and a recent study from the financial services website LendingTree reveals that many couples are taking on large amounts of debt to pay for them. LendingTree hired a market research firm to ask 506 Americans between the ages of 18 and 53 who walked down the aisle within the last two years if they borrowed to pay for their wedding, and about 45% of them said that they did.
Do I need to prove why a court should grant me a divorce?
Divorce has become so common that almost everyone knows at least one person who has gone through the process. This can give the impression that it is easy to get a divorce, although this is not always the case.
Steps that can help protect separate finances in divorce
Some married millennials in Virginia may be among the 28% that a Bank of America survey says are keeping separate bank accounts. However, this may not protect them from having to split them as joint assets in case of divorce.
