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Divorce Archives

Pre-marital planning can save post-divorce finances

Washington couples who are engaged might think that planning for the end of a marriage is bad karma. However, taking care of one's financial future is always prudent, and sometimes that includes setting up safeguards for unwanted circumstances. Some of those safeguards should be prenuptial agreements and other asset management strategies.

What business owners should consider during a divorce

Washington couples whose marriages are coming to an end may find that resolving a divorce is a complex process. It may be even more so when one of the parties owns a company. This is because it may be necessary to establish the company's value as well as establish that an owner isn't misrepresenting its income. When valuing a company, it is important that an appraiser have all the information necessary to come to an accurate conclusion.

How to tell if a person will get divorced

Married individuals in Washington and throughout the country who have contempt for their partners are the ones who are most likely to get a divorce. That conclusion was reached by a doctor who studied thousands of married couples and the way that they argued. Criticism, stonewalling and being defensive were other indications that a person was likely to get a divorce.

Child custody can be central concern for divorcing parents

Washington couples who are ending their marriages and who have young children may be more concerned about child custody than with any other issue. During a divorce, there are a number of issues that can arise, including spousal support and property division. However, child custody is often one of the most emotionally draining ones.

Tax law changes could lead to more divorces in 2018

The new tax laws regarding alimony are generating increased interest from people in troubled marriages, including those in Washington, D.C. Since these laws will only affect divorces filed after 2018, lawyers have reported an increasing number of inquiries from people who are thinking of separating.

How big of a problem is financial infidelity during divorce?

Unfortunately, financial infidelity is a big problem in divorce. A recent publication by CNN Money notes that approximately 15 million people hid credit cards and other financial accounts from their significant others. An additional 9 million people have had such an account but have recently confessed the presence of these hidden assets or credit cards to their partner.

By the numbers--how collaborative divorce works

Since collaborative divorce has become an option in the state of Washington, it has been gaining in popularity. Couples who wish to end their marriage come together in meetings with their attorneys, during which they work to find common ground that will result in an amicable divorce agreement.