Virginia Requires An “Equitable Division” Of Property In The Event Of Divorce
An “equitable division” does not mean that everything will be divided evenly. It merely means that each spouse will receive what is fair based on a number of factors, including his or her contribution to the marriage.
As you can guess, these disputes can often turn quite heated, especially when such valuable assets like these are on the line:
- Properties, including the marital home, vacation homes and rental properties
- Business ownership interests
- Luxury items such as cars, electronics, art and jewelry
- Investment income
- Pension and retirement benefits
That is why you should work with the lawyers at Morrison, Ross and Whelan if you are worried about losing assets you feel entitled to in a divorce.
One Of Northern Virginia’s Preeminent Family Law Firms
With more than 30 years of legal experience, you would be hard-pressed to find a more respected or skilled family law attorney in the region than Paul Morrison. He and his team of lawyers are familiar with solving the disputes over which assets are marital property and which are not.
Our experienced litigators know how to work with forensic accountants, appraisers and business valuation experts to locate assets, assess their true value and use that information to the benefit of our clients.
You should not try to negotiate a property settlement without the legal guidance that we can provide. While a settlement offer may seem tempting, you may be setting yourself up for financial harm in the future. Before signing anything, allow us to review the documents to protect your interests.
Reach Out Today
Contact Morrison, Ross and Whelan or call us at 540-347-1000 to learn more about the property division process in Virginia. We have the deep knowledge of divorce law that you need to help you craft a proposal that is fair and protects your interests.