Here are the step-by-step instructions you need to know to modify your child support post-divorce in Virginia.
How to Modify Child Support After Divorce in Virginia
What the Judge Sees: Child Custody and Visitation
Estimated Reading Time: 6min 59sec
No one has it easy as a marriage comes to an end. But things become even more complicated – and the potential for immense emotional pain only grows – when a child is involved.
Our legal system has set up standards that remove the emotion from custody decisions.
How are Assets Divided in Divorce
Estimated Reading Time: 3 Minutes 30 seconds
Dividing and distributing assets in a Virginia divorce is a four-step process:
Identify and determine ownership of the asset;
Determine the value of the asset;
Classify the asset (does it belong to the marriage or to an individual spouse); and
Reach mutual agreement on how the asset will be divided using the law as a guideline, being mindful of tax implications, and assessing fairness considering a variety of factors, both financial and non-financial.
Tax Effects of Alimony (Spousal Support) | New Tax Rules as of 1/1/2019 under the TCJA
Estimated Reading Time: 8 Minutes 50 seconds
Starting Jan 1, 2019, the long-standing tax rules associated with alimony have significantly changed, and alimony is no longer tax deductible by the payer; nor is it taxable to the receiver. The new law, however, does not apply retroactively.
Child Support Income Determinations – Virginia Divorce
For purposes of calculating Child Support in a Virginia divorce, gross income is what is used (not net, not AGI, nor anything else). The term “gross income” is very broadly interpreted. It includes, but is not limited to:
Social Security Benefits (can be complicated)
Workers Compensation Benefits
Unemployment Insurance Benefits
Disability Insurance Benefits (can be complicated)
Spousal Support received
Gross income does NOT include:
Benefits from most Public Assistance programs
Child Support received
Income received by payor for secondary employment where that income is being obtained specifically to discharge a child support arrearage established by a court or administrative order and the payor is actually paying that arrearage.