Virginia Equitable Distribution
In Virginia the Court does not have to divide marital property equally. The Court may divide the property in whatever percentage it deems to be fair and equitable. In other words, the Judge can award the husband 20% of the marital assets and the Wife 80% if s/he feels that the wife contributed significantly more than the husband or if the husband squandered marital assets.
In Virginia, marital property does not have to be titled in both parties names. If one party’s name is on the house, but both parties lived in or contributed to the household during the marriage, the Judge could order that the party whose name is not on the deed to the house still has an ownership interest in the house. Furthermore, many military spouses are under the false impression that they are automatically entitled to a percentage of their spouses military pension after ten years of service. This is not the case. DFAS will not cut a check directly to a military spouse unless that spouse has been awarded the military pension by a divorce court of Competent jurisdiction.
Our attorneys can meet with you and discuss your assets to determine how much money and/or property you are entitled to in a divorce. It is important to bring as much documentation to your attorney as possible to help him determine what assets you or your spouse may have. If your spouse is hiding assets there are discovery tools that we can use to help locate those assets.
Virginia Equitable Distribution
Divorce Lawyers and Attorneys for Hampton, Newport News, Virginia Beach, Norfolk, Chesapeake,
Williamsburg, Suffolk, Smithfield and all of Hampton Roads
