Hansen Law, PLLC

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May 2019 Archives

Divorce after 50 can have high asset implications

In Washington and across the country, people age 50 and over are often part of a rising trend. Those in this age group are filing for divorce at a rate much higher than their younger counterparts. When high assets are at stake, a spouse must be careful to protect his or her financial interests.

Protecting assets in a Washington divorce

Community property division rules apply when a person files for divorce in Washington. This typically means that both spouses own equal shares of all marital property and that the judge overseeing their divorce will split assets 50/50. This state is one of only nine in the nation that operate under community property regulations.

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