Divorce Settlement Agreements – The Devil is in the Lack of Details

Article here. Excerpt:

'To get divorced in Virginia, all issues must be resolved regarding the marital estate. The most cost effective way of resolving all issues is by reaching an agreement with your spouse. However, failing to carefully consider the details will leave you spending tens of thousands of dollars later as you battle over missed details or ambiguity.

Areas in which parties often fail to include sufficient details to have a functioning long-term agreement include, how to modify child support, children’s’ extra-curricular activities and who pays for them, how to make the decision about college when the parties agree to split the costs, unreimbursed medical expenses for out of network medical care, information required to exchange when the children are out of town or out of state, and the method for resolving disagreements when they inevitably arise.'