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High Asset Divorce Archives

High asset divorce may be affected by possible new tax laws

Many Washington residents will navigate the divorce process before year's end. In cases of high asset divorce, various financial matters may be key factors in achieving fair and agreeable settlements. There are rumors of possible changes in federal tax laws that have many spouses concerned, especially those who pay or think they will be ordered to pay alimony.

Will a high asset wedding lead to high asset divorce?

If every Washington resident who is married answered a survey regarding why he or she chose a particular spouse, answers would greatly vary. On the flip side of that coin, if questions pertained to why people get divorced, likely no two responses would be exactly the same. However, studies show there are certain risk factors that may signal a strong propensity toward divorce. One of those has to do with how much money was spent on a wedding; apparently, a high asset weddings often leads to high asset divorce.

Protecting Washington business assets in divorce

It is highly unlikely that you entered marriage thinking that you'd someday wind up in divorce court. That doesn't mean, however, that you weren't thinking logically about the possibility of such, given national statistics on the topic. Perhaps you addressed the matter by signing a prenuptial agreement to protect your Washington business assets, just in case.

When divorce unexpectedly becomes part of a retirement plan

Many Washington residents understand what it is like to work long, hard hours for many years to provide for a family and hopefully set aside enough money to cover any expenses that arise in their Golden Years. Planning for retirement often includes selling a home and moving to a restricted community where are residents are over age 55 or so. A marriage analyst has questioned whether this type of living might actually be a causal factor in the increased numbers of late-in-life divorce seen throughout the nation.

Divorce dispute centers on pampered pet bulldog

When a Washington couple decides to call it quits, there are a number of topics that might be a source of disagreement. Those debates often continue even after the divorce is made final, and many couples end up returning to court to settle arguments over how the terms of the settlement are being met. An example is found in the case of a pet owner who claims that her former husband has neglected to make good on his promise to help support their beloved English bulldog, named Lola.

Don't let the nest egg crack in divorce

Setting money aside in savings is definitely no small task for most average Washington residents nowadays. In fact, throughout the nation, a fragile economy has created many financially challenging situations, some more difficult than others to overcome. For those currently navigating divorce, financial matters may be high priority, especially when it comes to answering questions regarding 401k funds and other savings and investment issues.

When the queen weighs in on a high asset divorce

Imagine what would happen if mothers-in-law in the United States were allowed to determine how marital assets should be divided in divorce. Such situations would likely lead to some highly contentious courtroom battles. Washington happens to be one of only nine community property states; this means that, even in a high asset divorce, all marital property is divided 50/50 between spouses, and a mother-in-law has no say.

What daughters, social media and college have to do with divorce

Washington readers may be interested to learn that there appear to be certain issues that can serve as warnings of serious marital problems. In fact, if one of more of these things exist in a marriage, it may be a sign that divorce is looming in the not-too-far-off distance. Some of these issues are not all that surprising, while others may come as a great surprise.

Preserving financial stability in a high asset divorce

There's no telling how many Washington marriages will end in divorce this year. There's also no way to presume what types of settlements those involved will achieve. That's because no two situations are exactly the same, and, even in a high asset divorce, certain things are usually up for negotiation.

Business assets: Planning ahead may be best protection

Not every marriage in Washington lasts a lifetime. Many couples wind up in divorce court. Such situations may be relatively amicable. Others, however, especially those involving business assets, contentious child custody situations or another complicated matter, much less so.

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