Managing Property During Divorce Or Separation
When pursuing a separation or going through the divorce process, you must consider several factors. When kids are involved or complicated financial matters or other issues arise, it is important you consult with an experienced attorney — even if your divorce is uncontested.
At The Collins Law Firm, P.C., we will help protect your interests. We are experienced divorce attorneys who have a proven track record advocating for men and women in divorce and other family law matters.
What Is A Property Settlement Agreement? And Do I Need One?
Property settlement agreements are often used in uncontested divorces, where both parties agree to all aspects of the separation or divorce. These are voluntary agreements that neither party is forced to sign. The agreement can cover spousal support, division of marital assets, custody arrangements, visitation schedules and the resolution of any previous claims against each other (disputes). As your Virginia family law lawyers, our job is to help you craft an agreement that fits your needs and your spouse will agree to.
If both parties agree to the terms of the separation, a property settlement can be very beneficial. It leaves most (if not all) of the decision-making in your hands versus the hands of a judge. However, it is important to remember that this type of agreement is not enforced by the courts and does not constitute a divorce. If issues arise in the future (for example, with custody or matters involving your minor children), the courts may make a decision that deviates from the terms of the property settlement agreement.
Do You Need Help Resolving A Marital Property Dispute?
We provide free initial consultations for clients in Virginia Beach, Chesapeake, Portsmouth and all surrounding areas. Email us now or call our firm directly at 757-818-9539.