Going through a divorce isn't only emotionally taxing but financially draining as well. One of the most significant concerns for estranged Washington couples who are in this unfortunate predicament is protecting their retirement savings. Divorce can deliver a blow to...
Marital Asset Division
Examining how assets are split in a complex divorce is essential
When you get divorced in Washington and have many assets, it can be challenging to decide how they'll be split. If you own property or one or more businesses together, it can make the divorce process complex to handle. Knowing how to deal with a spouse who receives...
Handling divorce when you own a medical practice
Going through a divorce is tough in Washington, no matter what the circumstances are. It can be an emotionally charged and difficult time for everyone involved. When you're a medical professional, though, there are some additional considerations to take into account...
Mistakes you should avoid in a high-asset divorce in Washington
Going through a divorce is often an emotionally charged experience. It can be difficult to think clearly and make sound decisions. When it comes to your finances, this is especially true. If you are getting divorced and have a high net worth, it is important to be...
Identifying property in high-asset divorces
Washington is a community property state, and this means if you get a divorce, you and your spouse are supposed to divide your marital assets equally. You do not have to divide each one exactly in half, of course, but in most cases, you should each have about 50% of...
Do you have the right to Social Security after divorce?
It's always a good idea to make the most of your Social Security benefits. If you're a divorced resident of Washington, you may be able to receive benefits based on your ex-spouse's earnings. Here are a few rules to keep in mind when it comes to claiming Social...
A high-asset divorce may require forensic accounting
A Washington resident can work their whole life to build their business and secure financial assets to ensure a comfortable retirement and legacy for their family. However, if their marriage comes to an early end due to divorce, they may have questions and concerns...
Do you have to sell your business in a divorce?
During a divorce, there can be a lot on the line for both parties. One of the most important things at stake might be a company. While it's an option, you don't have to sell your Washington business in a divorce. Here's a closer look at three ways to handle your...
Community property and the problem of marital waste
For many Washington residents, marriage brings with it the benefit of shared property ownership in items both big and small. The state recognizes community property for marital possessions that are acquired during marriage and that are comingled to become community...
Dividing significant assets in a divorce
Many legal professionals in Washington recommend that you try to reach an agreement with your partner in order to avoid losing some of your assets in a prolonged court battle. Some of the significant assets to be divided may include retirement accounts. Read below to...