Washington Property Division FAQ
Going through a divorce can bring up many worries, such as how property will get divided. The team at Hansen Law takes optimizing your financial status through skilled advocacy very seriously. Through research, experience and hard work, we pursue the best outcomes for your situation. Here are some frequently asked questions about property division in Washington divorce.
How Do Assets Get Divided In A Washington Divorce?
Washington is a community property state. This means that all marital property gets divided equally in a divorce. Factors such as:
- Duration of the marriage
- Minor children from the marriage
- The probable financial status of each spouse upon divorce
Can influence the court’s decisions on how assets get divided. Property classified as separate does not need to be divided in a divorce.
What Is Separate Property?
Property that was acquired before marriage is considered separate and does not get divided in the divorce process. Gifts and inheritance that one spouse receives during marriage also qualify as separate property.
What Happens To Debt From A Marriage?
As with assets, debt from the marriage gets divided equally. If your former spouse does not pay their share of the debt acquired during your union, creditors may go after you for payment. At that point, you can take your former spouse to court to reimburse costs.