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High Asset Divorce Archives

Business assets top priority in many Washington divorces

When a person or couple works long and hard to develop, launch and sustain a successful business, it's understandable that asset protection would be of paramount importance if divorce occurs. Whether spouses also happen to be business partners or one spouse runs the business while the other remains uninvolved, when they file for divorce, both spouses will likely be concerned with business assets when it comes time to divide marital property. Washington is one of nine states in the nation that use community property laws to process divorce.

High asset divorce often equals high stress: Several ways to help

Most Washington married couples expect to be together for the rest of their lives. There's no foolproof way to predict which marriages will last and which will not; however, current data suggests that the likelihood of the latter is quite high in many areas. High asset divorce is seldom a process without challenges.

High-profile couple, Lauer and Roque, spotted at family home

Matt Lauer and his estranged wife, Annette Roque, were recently spotted sharing the holidays together with their kids. Headlines continue to spread regarding Lauer's abrupt termination from the "Today" show due to sexual harassment complaints against him. There are also rumors afloat that Roque plans to divorce Lauer. She previously began proceedings in 2006, but subsequently withdrew the complaint. Washington readers may relate to the developing story about this high\-profile couple.

Those 50 and older worried about retirement plans and divorce

There has been a 50 percent increase in divorce among those age 50 and older in the past 20 years. Surprisingly, the national overall divorce rate is on a decline according to most studies; however, this particular age group continues to see an increase. Many older people currently considering divorce in Washington are worried how the process might impact their retirement plans.

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.

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