Divorce after 50 by state

Divorce after 50 in Virginia

Not necessarily. Virginia judges divide marital property based on a list of fairness factors, and there is no starting rule that it is split 50/50.

What the court finds fair Va. Code § 20-107.3(C)

Equitable distribution, IRS Publication 555

How long it takes

Living in the state before you file
6 months
Va. Code § 20-97
Wait after filing
None
For a no-fault divorce you must first live apart for one year, or six months with a signed separation agreement and no minor children.
Va. Code § 20-91(A)(9)(a)
Court filing fee
Not yet checked

Retirement accounts

In Virginia, the part of a pension or retirement plan earned during the marriage and before you separated can be shared, but you can be awarded no more than half of that part.

Va. Code § 20-107.3(G) How a 401(k), IRA or pension is divided

Alimony

Formula only while the case is open

Virginia uses a formula for temporary support while the divorce is going on, if the couple's combined income is $10,000 a month or less, but final spousal support is decided from a list of factors.

Va. Code § 20-103(E), (G), (I)

Keep the house, or the 401(k)?

The two are rarely worth the same once selling costs and tax are counted. Put in three figures and see both sides, today and in ten years.

Start with three numbers

The 401(k), 403(b) or traditional IRA balances being divided.

About a minute. You can change every assumption on the next page, or open the full calculator.

Questions about Virginia

Is Virginia a 50/50 divorce state?

Not necessarily. Virginia judges divide marital property based on a list of fairness factors, and there is no starting rule that it is split 50/50.

Is Virginia a community property state?

No. Virginia uses equitable distribution. Property acquired during the marriage is divided fairly, which need not mean equally. The court weighs the length of the marriage, each spouse’s earnings and contributions, and their needs after the divorce.

How are retirement accounts divided in a Virginia divorce?

In Virginia, the part of a pension or retirement plan earned during the marriage and before you separated can be shared, but you can be awarded no more than half of that part.

How we check the facts and every state side by side.

This is a modelled estimate from the figures you entered and the assumptions shown above. It is not legal, tax or financial advice. Divorce law and tax treatment vary by state and by your circumstances; check the result with a lawyer or a divorce financial specialist before acting on it.

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