The Law Office of C.W. Roop, PLLC
Contact An Attorney That
Will Listen To Your Needs
276-352-4550

family law Archives

Increased wealth and credit discrepancies may boost divorce risk

There are many wonderful benefits associated with economic growth in Virginia and other parts of the country. However, having a larger bank account and more financial responsibilities more may not be so good for some marriages. A survey of more than 2,000 adults by a leading bank holding company found that money is the top source of relationship stress. Thirty-five percent of the individuals surveyed also considered finances to be the main "trouble spot" with their significant other.

Establishing child support

One common issue many parents in Ohio may have to address is child support. Child support is typically paid by the non-custodial parent whether the child in question is a girl or boy.

Gray divorces and splitting assets

According to data from the Pew Research Center, the divorce rate for older couples in Virginia and the rest of the country is two times what it was in the 1990s. People over the age of 50 are likely to have multiple IRAs, 401(k)s and pensions, so they should take extra care with how they divide their retirement assets during the divorce process.

Prenuptial agreements more popular among millennials

Young people in Virginia are less interested in marriage than in the past. When they do choose to marry, however, millennials are increasingly seeking prenuptial agreements before taking their vows. As the divorce rate across the country is almost 50 percent, there can be good reasons for people to act to protect themselves before marrying. In fact, people of all age ranges have become more likely to sign a prenup, with the frequency of prenuptial agreements multiplying fivefold in the past 20 years.

Handling child support disputes

Divorced parents living in Virginia often find themselves faced with significant co-parenting challenges. One area that can lead to disputes is that of child support. While most parents understand the importance of giving financial support to their children, circumstances can sometimes make this difficult. Sometimes, conflict over support payment escalates, which can lead to long-term damage to one parent's personal finances.

Divorce and retirement planning

When couples in Virginia divorce, financial issues are often a major consideration. This is particularly the case when a spouse divorces later in life. By age 50, if not earlier, many people are planning for retirement. The process of asset division and moving into separate households can throw current plans into disarray.

Email Us For a Response

Contact Christopher W. Roop Today

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Contact Info

The Law Office of C.W. Roop, PLLC
19229 A.L. Philpott Highway
P.O. Box 160
Spencer, VA 24165

Phone: 276-352-4550
Fax: 276-258-0659
Spencer Law Office Map

Review Us
After Hours Appointments
Are Available