If you are in the middle of a divorce, dealing with coronavirus-related changes and uncertainty can be especially overwhelming.
Continue reading to learn 6 ways the coronavirus can affect your divorce in Vienna, VA, and how to best address these issues.
6 Ways the Coronavirus Can Affect Your Divorce
1. Legal Proceedings
Divorce is a legal proceeding that depends on the proper and expedient functioning of the courts. Coronavirus has undoubtedly affected how courts are operating, which can potentially delay divorce petitions and motions.
To address these issues, speak to your attorney and ask how the rules in your jurisdiction may impact your divorce case and timeline.
2. Plans for the House
It’s difficult to predict the short and long-term implications coronavirus will have on the housing market and home prices. If you and your spouse were planning on selling your house, this uncertainty may further complicate matters.
When it comes to ways the coronavirus can affect your divorce, finances are significant concern.
This is especially true if you or your spouse have amassed debt due to coronavirus closures, as these debts will need to be allocated during the divorce and subsequently paid.
4. Job and Bills
In the event that you or your spouse have lost your job or experienced a considerable change in income, it could affect temporary support payments.
During this time, it is in both parties’ best interest to maximize the family’s combined household income, thereby increasing the amount of money you will both have to split.
School closures and cancellation of extracurricular activities will undoubtedly impact parenting time and transitions. It may also result in unforeseen changes to your existing co-parenting agreement.
6. Family Health and Safety
Your family’s health and safety are of the utmost importance right now. For this reason, you and your spouse should try to get on the same page in terms of social distancing and sheltering in place.
You can also brainstorm creative ways to keep the family active and engaged in the midst of the pandemic.
Schedule a Consult With a Certified Divorce Financial Analyst
For additional information about financial planning during a divorce in Vienna, VA, please contact our office today to schedule a comprehensive consultation with one of our experienced Certified Divorce Financial Analysts.