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High Asset Divorce Archives

Seeking tailored support for your high asset divorce

Just as no two Washington marriages are exactly the same, neither are any two divorces. Your situation is unique to your own circumstances and personal history. Why you filed for divorce may not be as critical as the type of support you secure before heading to court. In a high asset divorce, trying to go it alone is typically not a good idea.  

The better prepared one is, the less stressful divorce may be

Most people who are married or have been married in the past would agree that it can be a joyful, rewarding experience and challenging all at once. Sometimes, problems arise that can be overcome. Others situations lead to a complete relationship breakdown. When a spouse in Washington or elsewhere suspects that his or her other half is contemplating filing for divorce, it makes sense to prepare by researching state laws and having a plan in mind, just in case.  

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.

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