Strategic Approach, Optimistic Outcomes In Family Law
Deferred compensation can be a stumbling block for successful professionals preparing for divorce. Stock options or equity options give executives and other well-compensated employees a potential interest in the company that hires them. After meeting certain...
Largely, the same thing that would happen to any piece of property: it would undergo the rigors of asset division. There are several factors that will determine how the intellectual property (IP) will weather the process, but intellectual property is still property...
Individuals who are contemplating divorce generally need to feel comfortable with the process before they are ready to file the initial divorce paperwork. People may plan for months before they finally file paperwork with the courts and serve their spouses. Part of the planning process entails reviewing the marital estate. Spouses need to determine what resources are separate property that…
In short, yes. Property division is only one of many aspects of your divorce, and even there, a divorce following a lengthy marriage is going to be different from a short one in many respects. While the law doesn’t necessarily have a large body of laws regarding longer marriages, there are many areas of influence where time simply changes things…
Washington state typically considers inherited property as separate property. If one spouse inherits a home, it is not automatically deemed community property simply because it serves as the family home. And if nothing got more complex than that, that would be the final word. The ways that family, love, marriage and relationships evolve and change is never simple. As you…
Is an Engagement Ring a Gift? Engagement Ring Laws by State When you divorce or end an engagement, your first thoughts probably aren’t about a piece of jewelry. Still, as you and your former mate sort out the details of your separation, the jewelry representing your partnership will likely come up. Often, engagement rings are presented as a type of…
Washington is one of few states that operates under community property guidelines for property division proceedings. This means that you and your spouse (or state-registered common law partner) will split all assets 50/50 if you decide to end your relationship. You’ll want to make sure you fully understand the implications of this, especially concerning retirements benefits. Even if you are…
When a married couple decides to part ways, they have additional decisions to make, especially if they have had children together. While their reasons for ending their relationship might have nothing to do with money, financial issues will be a central focus of their settlement. If you’re preparing for a Washington divorce, there are several issues to keep in mind…
Among the most fraught, unpleasant and hotly contested issues in any divorce is property division. There is often so much baggage, both literal and emotional, in property division that it’s hard to make smart, effective decisions. However, if you have a clear idea of the process works in Washington, it can go a long way to resolving your anxieties and…
If you are divorcing your spouse, and want your share of the retirement benefits they accrued during your marriage, know that your divorce judgment is insufficient to access those funds. What you need is a qualified domestic relations order or QDRO. Most people who haven’t split retirement funds because of divorce have never heard of a QDRO. It’s easy to…