Clement Law Center - Federal Way Family Law Attorney
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253-336-3607
Our office is open. At Clement Law Center, the safety and wellbeing of our clients and employees come first. In response to COVID-19, court hearings and all conferences with client and prospective clients will be by phone. We are not conducting in-person court hearings or meetings. Our staff will often be working remotely during this time. Our office will be checking voicemail and will return client calls as soon as possible. We continue to offer free phone consultations.
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Financial considerations of divorce

Couples considering divorce typically understand that this process can take some time and may impact many areas of their lives. Couples who have a child, for example, will need to consider custody arrangements. Couples with large numbers of assets will need to determine how they will separate those. It’s important that couples who plan to separate understand that divorce also brings with it certain financial considerations that may impact the future of each person involved.

During a divorce, couples will typically separate and divide their assets. While this may seem straightforward, the truth is that this does not just involve physical assets. In addition to cars and homes, couples may also need to divide their savings accounts, retirement accounts and even debts. During this time, couples may be surprised to discover just how many personal assets they have that will need to be divided as evenly as possible.

When one party makes significantly more than the other or when the divorce will result in a financial hardship for one spouse, the higher-income party may be required to make alimony payments to the other person involved. Similarly, one party in the divorce may need to pay child support to the other person. Both alimony and child support payments are designed to ensure that the other people involved in the divorce continue to experience the same standard of living.

Individuals who are considering a divorce may wish to meet with a divorce attorney to assist with financial planning. Separating can be challenging, but a lawyer may offer advice and insight into the divorce process. Financial guidance from an attorney may guide individuals through the process of dividing assets and determining child support or alimony payments.

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Our Office Locations

Federal Way Office
31919 1st Avenue South, Suite 103
Federal Way, WA 98003

Toll Free:888-351-6779
Phone: 253-336-3607
Fax: 253-815-8458
Federal Way Office Location

Seattle Office
3418 NE 65th St., Suite A
Seattle, WA 98115

Toll Free: 888-351-6779
Phone: 253-336-3607
Fax: 253-815-8458
Seattle Office Location

Bellevue Office
14777 NE 40th Street, Suite 206
Bellevue, WA 98007

Toll Free: 888-351-6779
Phone: 253-336-3607
Fax: 253-815-8458
Bellevue Office Location
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