Virginia Code § 20-107.3
... E. The amount of any division
or transfer of jointly owned marital property, and the amount of any monetary
award, the apportionment of marital debts, and the method of payment shall be
determined by the court after consideration of the following factors:
1. The contributions, monetary and nonmonetary, of each party to the well-being of the family;
2. The contributions, monetary and nonmonetary, of each party in the acquisition and care and
maintenance of such marital property of the parties;
3. The duration of the marriage;
4. The ages and physical and mental condition of the parties;
5. The circumstances and factors which contributed to the dissolution of
the marriage, specifically including any ground for divorce under the provisions
of subdivisions (1), (3) or (6) of § 20-91 or § 20-95;
6. How and when specific items of such marital property were acquired;
7. The debts and liabilities of each spouse, the basis for such debts and liabilities, and the
property which may serve as security for such debts and liabilities;
8. The liquid or non-liquid character of all marital property;
9. The tax consequences to each party; and
10. Such other factors as the court deems
necessary or appropriate to consider in order to arrive at a fair and equitable
monetary award.
