Becoming wealthy and successful in the tech industry is a dream for many Washington residents, but it takes years of hard work. If you have achieved that goal and found success against all odds, it may feel like nothing can possibly stand in your way now. That is,...
Divorce
Divorce can be bad news for real estate investors
For many people in the state of Washington, real estate is their business. This type of business can sometimes unintentionally become a shared asset with one’s spouse. In the event of divorce, this means that real estate investors may find their spouses trying to...
Is intellectual property considered a marital asset in Washington?
Washington is a community property state, which means all assets acquired during a marriage are considered to be owned by both spouses. It doesn’t matter if those assets are tangible or intangible. However, it is usually the tangible assets such as the home, funds in...
How will your divorce affect your child’s college plans?
Whether your children are young or already in high school, your divorce agreement may involve many decisions about their future. You and your ex may have some challenges ironing out the parenting plans, holiday schedules and other custody matters. Ideally, neither of...
In a DIY world, why hire a divorce attorney?
There are certain projects the average person can complete satisfactorily on their own without consulting professionals, and there are others where the do-it-yourself mentality may not serve them well. A DIY divorce, for example, may not be in one’s best interests....
Choosing who you will be after your divorce
What's in a name? Your last name could represent many things. If you kept your maiden name when you got married, it could represent your family legacy or your professional reputation in the Federal Way and Seattle area. If you took your spouse's name, it could...
How to help your children through your divorce
If you and your spouse decide to get divorced, you might be more concerned with how your kids will cope with it than how you yourself will. Seeing parents get divorced can be traumatizing for children and it’s important to take their thoughts and feelings seriously in...
What is considered community property in a divorce?
Many states follow the equitable distribution method for asset division when couples divorce. Washington, however, sets community property as the rule of law, which can be a bit confusing to some. What is and what is not considered community property? What qualifies...
Understanding the complexities of a high asset divorce
On the surface, divorce proceedings for high net worth couples are the same as other divorces; assets are disclosed, valued and divided. However, what makes them much different is that many of the assets involved are more complicated. These relationships often contain...
Protect yourself and your finances when getting a divorce
It is estimated that 40% to 50% of marriages unfortunately do not last. But since no plans for a future divorce, many spouses do not take the proper steps to protect themselves or their finances should a divorce occur. If a divorce is necessary down the line, some...