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What You Need to Know
Dividing Property is Not Straightforward
“Washington is a 50/50 state.” This is likely one of the first things you find out when talking about divorcing here. Washington is one of only nine community property states that exist in the US. This is often not a straight, down-the-middle split of all marital assets however. Various factors can tip a property distribution to favor one spouse over another.
No one should underestimate the long-term financial ramifications of divorce. Median available household income, especially for the lower-earning spouse, drops 40 percent off former levels on average. Washington law takes this seriously.
That’s why the courts will consider a variety of factors. For example, when one spouse earns more, the court may try to put the parties in a closer economic position after the divorce through a disproportionate property division.
We know from vast experience how judges view property division so you can aim for the best possible result in your divorce. Our close-knit and collaborative team of lawyers constantly share and brainstorm the creative division of assets. It’s kind of our thing.
Our Experience
Legalese Defined: Community Property
Also known as “marital property,” community property refers to all possessions and ownership interests acquired after your marriage ceremony. Yes, this includes your retirement accounts. And all your collective debts.
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