Legal Question in Family Law in Virginia

sold myself short.....again
finally managed to move away from a very diffcult man after almost 30 yrs of marriage....I have written a property arrangement that swings in his favor just to attain my freedom and minimize his outbursts...I have not signed it yet and I am wandering if I did the right thing....We have a home thats paid for and worth a good sum of money, howeverer, papers were signed before this separation for a business loan (he also has a couple of restaraunts that he recently bought) My name is on the loan but I did not sign the deed on the house.....The loans are in his name but I had to sign for him to attain this loan. He wants to give me just enough to place a 10-15% downpayment on a new house and pay me half of the house worth in 3 years....I agreed to not touch his retirement due to penalties??? My question, can his retirement account be ''earmarked'' just in case something happens with this business loan/house and he is unable to pay?? My agreement reads something like this, but what is stopping him from tying up the house funds, then moving retirement funds?

Asked on 8/23/07, 10:11 am

Michael Hendrickson Law Office Michael E. Hendrickson

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Re: sold myself short.....again

Probably nothing at all, which is what often happens when folks attempt to write their own "property arrangements"

in divorce and separation matters without consulting an attorney. (Also, FYI, you're fully responsible for the business loan despite your contention

that you "had to sign for him to attain this loan.")

Answered on 8/23/07, 10:29 am

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