When Virginia residents begin the divorce process, they are often concerned about making mistakes that can cost them in the years to come. This is a valid fear, as many of the decisions made during a divorce can have lasting ramifications. However, with the proper focus and an eye toward the future, it is possible to navigate a Virginia divorce without sustaining serious financial damage, and that includes decisions regarding property division.
For parents, one serious mistake involves attempting to handle child custody and property division at the same time. It is easy to lose focus on the best interests of the children when serious struggles over money become involved, and the emotional stakes are much higher when custody comes into play, making it harder to reach reasonable decisions on either topic. Handle money matters first, then move on to child custody with a clear head and the knowledge that the financial matters have been dealt with.
Another common mistake is to become emotionally attached to one's property, instead of addressing the issue in a logical and rational manner. This often occurs in relation to the family home, which often houses more than just furniture, but also seems to contain the memories of family life. It is imperative for both parties to understand that a house is simply bricks and mortar, wood and nails. The time spent within those walls cannot be undone, regardless of which party retains the property or whether it is sold as a part of the divorce process.
Perhaps the best advice for Virginia residents who are divorcing is to make every effort to remove emotions from the process. This is easier said than done, but can greatly improve both the process itself and the ultimate outcome. The property division decisions made during a Virginia divorce can have effects that last for years after the ink has dried on one's divorce decree. Negotiating with a clear head can go a long way toward a successful outcome.
Source: Huffington Post, "Getting Divorced? 10 Mistakes to Avoid," Karen Stewart, June 27, 2013