The Richmond Circuit Court was recently faced with dividing up a marital home per a divorce in Massicot v. Massicot, CL12-539. The court was tasked with determining whether the marital home was marital property or separate property and whether the mortgage debt was marital debt or separate debt. The court held as follows: Continue reading
Monthly Archives: April 2013
Virginia Equitable Distribution: To Modify a QDRO . . . or Stopping Scoundrels
What happens when your spouse liquidates a retirement account after the divorce but before you get your share of it? Can the court enter a new order letting you get a share of another account to make up for it? Or are you just screwed? The Virginia Court of Appeals faced these questions in Forest v. Forest, Record No. 0836-12-4 and held that you are not just screwed. Continue reading