When it comes to safeguarding your financial future within the context of marriage, Butler Moss O'Neal, PLC stands as your trusted ally. Our Fredericksburg postnuptial agreement attorneys are committed to helping couples navigate the complexities of postnuptial agreements with precision, ensuring that their unique needs and concerns are addressed.
Life is unpredictable, and circumstances may change after marriage. A postnuptial agreement provides a legal framework for couples to define the financial aspects of their relationship, addressing issues such as asset division, spousal support, and other crucial matters. Whether prompted by changes in career, inheritance, or simply a desire to clarify financial responsibilities, a postnuptial agreement can offer peace of mind.
Tailored Legal Solutions for Your Marriage
At Butler Moss O'Neal, PLC, we recognize that every marital situation is unique. Our family law firm's approach to postnuptial agreements is rooted in personalization – we understand the intricacies of Virginia family law and work closely with our clients to tailor agreements that align with their specific needs and goals. Our experienced Fredericksburg attorneys guide couples through the process, ensuring that the agreement reflects their intentions and meets legal standards.
Transparent Communication for Stronger Agreements
Effective postnuptial agreements are built on transparency and clear communication between spouses. Our attorneys facilitate open discussions, helping couples articulate their expectations and concerns. This ensures that both parties fully comprehend the terms of the agreement, promoting its enforceability and reducing the likelihood of future disputes.
Navigating Legal Complexities
Virginia law governs postnuptial agreements, and staying informed about the latest legal developments is crucial. At Butler Moss O'Neal, PLC, our attorneys are well-versed in Virginia family law, providing clients with up-to-date and accurate legal advice. This expertise ensures that your postnuptial agreement adheres to state laws and stands strong in the face of legal scrutiny.
What are the Benefits of Getting a Postnuptial Agreement?
Opting for a postnuptial agreement offers numerous benefits for married couples, providing a structured framework for addressing financial and legal matters within the marriage.
- One primary advantage is the clarity it brings to asset division. In the event of a divorce, a well-crafted postnuptial agreement outlines how assets and debts will be distributed, minimizing potential conflicts and uncertainties.
- Postnuptial agreements also allow spouses to define spousal support terms, avoiding potential disagreements during divorce proceedings. This is particularly valuable when one spouse has a significantly higher income or when there's a desire to secure financial stability for a non-working or lower-earning spouse.
- Additionally, postnuptial agreements can protect family businesses or inherited assets. By clearly delineating the treatment of these assets in the event of divorce, spouses can shield family wealth from being subject to division.
- Emotionally, a postnuptial agreement can bring peace of mind. It establishes a framework for financial responsibilities and expectations, reducing anxiety about potential future disputes. Open communication during the creation of a postnuptial agreement can strengthen a couple's understanding of each other's financial goals and values, fostering a healthier marital relationship.
Our Fredericksburg Postnuptial Agreements
If you are considering a postnuptial agreement or have questions about how it could benefit your marriage, contact Butler Moss O'Neal, PLC today. Our Fredericksburg postnuptial agreement attorneys are ready to provide personalized legal guidance, helping you secure a financial future that aligns with your unique needs and aspirations.
They made going through a divorce as pleasant as can be... they kept me laughing when I felt like crying.- L.F.
Can child support in Virginia be ordered to continue past the age of 18?
Yes. Section 20-124.2(C) of the Virginia Code provides that support will continue to be paid for any child over the age of 18 who is (i) a full-time high school student, (ii) not self-supporting, and (iii) living in the home of the party seeking or receiving child support until such child reaches the age of 19 or graduates from high school, whichever first occurs.
The court may also order the continuation of support for any child over the age of 18 who is (i) severely and permanently mentally or physically disabled, (ii) unable to live independently and support himself, and (iii) resides in the home of the parent seeking or receiving child support. In addition, the court may confirm a stipulation or agreement of the parties which extends a support obligation beyond when it would otherwise terminate as provided by law.
Can a Virginia court order that a parent pay college expenses for a child?Yes and no. Virginia law does not allow the court, on its own, to order that child support include the payment of college expenses. However, if the parents enter into a written agreement providing that one or both of the parents have to pay for college, the court can enforce the parents’ agreement.
How is child support calculated under Virginia law?Child support is determined according to a presumptive guideline that is set forth in Section 20-108.2 of the Code of Virginia. The guideline requires one to know the number of children, the gross monthly income of each parent, the cost of work related day care for the children, and the cost of providing medical insurance. A number of other considerations come into play, for example, the presence of other children who are not the subject of the current child support proceeding, the number of custodial days each parent has with the child per calendar year, and whether either parent has claimed the child tax credit, may all affect the guideline calculation. The guidelines yield a “presumptive” figure for monthly child support, which means that the Court is required to apply that amount unless evidence proves that the Court should deviate from the guidelines. A list of the possible “deviating” factors is set forth in Section 20-108.1 of the Code.
Can a Virginia Court award a spouse military survivor coverage in a divorce?
Yes, Section 20-107.3(G)(2) authorizes the Circuit Court in a Virginia divorce to “order a party to designate a spouse or former spouse as irrevocable beneficiary during the lifetime of the beneficiary of all or a portion of any survivor benefit or annuity plan of whatsoever nature, but not to include a life insurance policy except to the extent permitted by Section 20-107.1:1.”
This includes the Survivor Benefit Plan, commonly referred to as SBP, which is available to spouse and former spouses of military service members.