Dividing assets in a divorce creates challenges, especially when dealing with intellectual property (IP). Unlike physical property, IP includes patents, trademarks, copyrights, and business ideas, which may continue generating income long after the divorce....
Washington is a community property state, so most assets and debts gained during the marriage belong to both spouses. Still, this does not guarantee a simple 50/50 split. Instead, courts strive for what they consider a “fair division of property,” which may not turn...
Divorce can be a challenging process, especially when it comes to dividing assets like pensions and retirement accounts. In Washington state, understanding how the court splits these assets can help you prepare and plan for your future. Community property rules...
In Washington, courts strive for an equitable distribution of marital property during a divorce. Remember that divorce requires that couples not only divide assets but also tackle debt division, which significantly affects their future finances. Courts address several...
What happens to your business if you divorce in Washington? Divorce creates emotional, practical and personal challenges. The process can become even more complicated if you own a business. Understanding how Washington divides business interests in a divorce...
When couples decide to end their marriage, the division of marital assets becomes a key aspect of the process. Inherited property often raises questions about its inclusion in this division. Inclusion of inherited property In Washington, inherited property is...
Divorce is a life-altering event that often involves the difficult task of dividing shared assets. For many families, the family cabin is a cherished possession with a deep history of shared memories. When couples decide to part ways, the fate of the family cabin...
When couples in Washington state divorce, they must agree on division of property. During the negotiation, you should establish the difference between separate property and community property. Understanding what constitutes shared marital property helps inform an...
If you are going through a divorce in Washington State, dividing your marital property is likely one of your top concerns. It can be confusing and challenging, especially with several common misconceptions clouding the process. Gaining clarity on the most common myths...
Dividing community property in Washington falls under the umbrella of "equitable and just distribution." The Evergreen State is a community property state. Simply put, the court has the authority to divide assets between soon-to-be exes, which is considered fair....
