Property division is a common subject of virtually any divorce. But it’s less common to think about the implication of your separation on your debt. Will you inherit your ex-spouse’s debt? Will they inherit yours? What’s on the line, and how are these decisions made?...
Can you sell assets during a divorce?
On Behalf of Sarah Wright | Apr 25, 2022 | Property Division
If your marriage ended on bad terms, you may be feeling anger or resentment towards your ex-spouse. When it comes time to initiate the divorce proceedings and divide your property, you may consider selling some of your assets in order to keep your ex from getting...
Postnups can be especially valuable for wealthy couples
On Behalf of Sarah Wright | Mar 8, 2022 | Property Division
Postnuptial agreements (postnups) have been gaining in popularity in recent years – especially among wealthy couples. A postnup works similarly to a prenuptial agreement, except it is created after a couple gets married. Its primary purpose is usually to lay out the...
Could your spouse be hiding digital assets in your divorce?
On Behalf of | Feb 4, 2022 | Property Division
If you are going through a divorce, you want to walk away from your marriage with sufficient assets to begin life anew. Washington’s community property laws state that all assets acquired during a marriage are subject to division in a divorce. But it only works when...
Don’t lose your business in your divorce
On Behalf of Kelsey Morfitt | Dec 14, 2021 | Property Division
When divorce comes knocking, you and your family might not be the only ones whose lives change drastically. For business owners, the prospect of divorce can be even heavier than for other spouses, because the law generally considers a business to be marital property....
Tips for finding the right attorney for a high-asset divorce
On Behalf of | Dec 7, 2021 | Property Division
Going through a divorce is never a walk in the park. But high-asset divorce introduces an entirely new set of complications into the mix. If handled incorrectly, it could have drastic implications on your future. Whether you earn an unusually high income or you’ve...
Tip: start negotiations for your prenup sooner rather than later
On Behalf of Roger Schweinler | Sep 17, 2021 | Property Division
We have previously written in this blog about the importance of taking the time and effort to get a prenuptial agreement right before entering into marriage. Failure to do so can result in the agreement being set aside, which can cost the couple extra time and money...
Separate bank accounts: a growing trend among millennial spouses
On Behalf of | Sep 14, 2021 | Property Division
No doubt about it, millennials have a unique approach when it comes to relationships. This is the generation which has made online matchmaking – and even dating electronically – socially acceptable. Where previous generations considered prenuptial agreements to be...
Can a divorce increase your likelihood of a tax audit?
On Behalf of Kelsey Morfitt | Jul 2, 2021 | Property Division
If you are going through a divorce, you may have no desire to maintain contact with your ex-spouse. Of course, if children are involved, minimal communication may be unavoidable. But if you and your ex don’t have children together, you may find it easiest to simply...
Options for gaining custody of your pet in divorce proceedings
On Behalf of Sarah Wright | May 10, 2021 | Property Division
Choosing who keeps a pet after a divorce has become a more common issue as pets become members of the family, rather than just additional beings that happen to be in the house. Sometimes the decision is clear because the pet was bought and cared for specifically by...
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