Maddox & Gerock


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June 2018 Archives

High net worth couples face unique divorce legal issues

Some couples in Virginia are fortunate enough to have accumulated a great deal of assets during the course of their marriage. They may own a business, multiple homes, bank accounts, investments, stocks, retirement accounts and other valuable assets. At least one, if not both, spouse may have a lucrative career. However, should their marriage not last, high net worth couples face certain divorce legal issues that others do not.

Paternity in Virginia can be established through an AOP

When a child is born to unmarried parents in Virginia, if the mother wishes to seek child support or the father wishes to seek custody or visitation rights, paternity must be established to prove the man is the child's biological father. One way they can do this is to sign a document known as a "Voluntary Acknowledgment of Paternity" (AOP) at the hospital.

What can be included in a premarital agreement in Virginia?

Summer is a popular time for weddings across the nation, including right here in Virginia. Soon-to-be spouses may be eager to exchange wedding vows and celebrate the occasion with their loved ones. While their wedding day may have their full attention at this time, it is important that they think of their lives in the future as a married couple. Specifically, they should make sure they are on the same page regarding financial issues. For this reason, some couples choose to execute a premarital agreement, also referred to as a prenuptial agreement, prior to walking down the aisle.

Property settlement agreements may lead to an amicable divorce

When a couple in Virginia has been married for years or even decades, they will accumulate a lot of property. Some of this property is tangible, such as houses, automobiles, furniture and electronics. And, some of this property is intangible, such as retirement accounts, stocks and bank accounts. Some of a couple's assets will be highly valuable financially, but even assets that are not worth a great amount still may have a great deal of sentimental value.

How can co-parenting help children post-divorce?

When parents in Falls Church are going through a divorce, they may feel like their disagreements will never end. The fighting and rancor that led to the end of the marriage can be difficult not just for the spouses, but for their children as well. However, children are resilient and can adjust to a new life post-divorce, especially if their parents are able to co-parent.

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Maddox & Gerock, P.C.
8111 Gatehouse Road
Suite 410
Falls Church, VA 22042
Phone: 703-883-8035
Fax: 703-356-6120
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