Equitable division a divorce concern for some Virginia residents


When the decision to file for divorce is made, thoughts often turn to the equitable divisionof assets. This is especially true when large estates and monetary sums are involved such as in the recent divorce of Ashton Kutcher and Demi Moore, which took nearly a year to complete. Many Virginia couples may find that negotiating an equitable division of their assets does not take as long.

After a six-year marriage, Ashton Kutcher and Demi Moore separated and Kutcher filed for divorce the following year. Almost another year later, that divorce is now final. They do not have any children together; however, they did create a charitable foundation together. Reports indicate that monetary concerns and the distribution of assets were the primary cause for the lengthy proceedings.

Many couples enter into a marriage with pre-existing assets. Additionally, over the course of the marriage, it is likely that other assets will have been added. Then, consideration should be given to the potential for future earnings. All of these factors can turn what initially looks like a fairly simple decision into something that neither spouse can agree upon. Asset valuation and the distribution of these assets point to possible delays in finalizing the divorce.

Regardless of whether a couple uses mediation or goes to court, the goal of Virginia divorce proceedings is an equitable division of the couple's property. Those that are considering filing for divorce may not at first realize how involved and complicated the process can become. However, with time, patience and compromise, it is possible to come to an agreement that both parties find fair and comprehensive.

Source: usa today, Ashton Kutcher and Demi Moore divorce finalized, Maria Puente, Nov. 27, 2013

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