If you are a doctor with your own private practice going through a divorce in Washington, you will want to protect your business. You worked hard to build your practice, and your livelihood depends on your ability to continue building your business and making it...
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Life insurance and divorce
You may not think of life insurance and marriage as being similar to one another, but there is a significant overlap. Both marriage and life insurance are legally binding contracts that you agree to sign because of your love for another person. When you sign each of...
Keeping your pension benefits during your divorce
During the end of a marriage, as some couples in Washington will discover, the process of dividing assets might be stressful and complicated. One of the most important assets couples might hold is a pension plan. While they might not be currently enjoying the benefits...
The risk of divorce throughout your marriage
It doesn't matter how long you have been married, there is always a possibility of getting divorced. Whether you have been married for 5 year or 50 years, you should never think that you are too young or too old to get divorced in Washington. However, the risk of...
Is every asset acquired during marriage marital property?
Nine states in the country utilize what is known as the community property standard when it comes to the matter of dividing assets and debts during a divorce, and Washington is one of these jurisdictions. A common question raised by a party seeking a divorce in...
What is a divorce decree?
Washington couples who are undergoing the divorce process are doing so to get a divorce decree. This is the formal judgment or court order that grants the termination of your marriage. A divorce decree is not finalized without a signature from the judge. What's...
Special considerations for grey divorcees
Divorce rates are going down, generally speaking. But the over-50 cohort still has higher than average levels. These splits have been nicknamed grey divorces. People in Washington state should be aware of the special considerations that impact late-in-life divorces....
Does living together lead to millennial divorces?
Living together before getting married doesn't reflect an entirely new trend. Millennials appear to embrace the plan, but it seems the divorce rate among young persons who cohabitate trends upwards. Of course, cohabitation alone doesn't automatically mean millennial...
How debts are handled during a divorce
The state of Washington is a community property state, which means that joint assets are divided equally in a divorce settlement. It also means that joint debts are typically split equally in a divorce settlement. An outstanding balance may be labeled as a marital...
