Washington State Divorce Laws Division Of Assets

Washington state divorce laws division of assets – Division of assets in washington. Bank accounts stocks iras and 401ks are treated just like real property.

Previously you must understand the background of law and get some Washington state divorce laws division of assets references in other articles on this website.

Under washington law a couple s community assets are.

Washington state divorce laws division of assets. How are assets divided in a washington divorce. There s a strong presumption under washington divorce laws that all assets and debts acquired during a couple s marriage are community property. All separate and community property and liabilities are before the court for distribution to either party. Washington state divorce laws division of assets

Separate property in washington one spouse s separate property includes assets or debts that the spouse accumulated before the marriage acquired by gift or inheritance during the marriage or is property covered by a prenuptial agreement. Once you have identified the assets that are subject to. Separate property may include vehicles houses real property or bank or retirement accounts that are currently held as separate property of only one spouse. Washington state divorce laws division of assets

Assets not only include real property but financial holdings as well. What is the value of the assets that are on the table. In some circumstances washington divorce courts can award separate property of one spouse to the other spouse as part of their just and equitable division of property. Washington state divorce laws division of assets

In simple terms washington is a community property state and as such all assets acquired during the course of the marriage must be divided equally at the time of a divorce. You can read the actual language of the relevant statute at rcw 26 09 080 but that is not necessary. Washington s divorce laws often grant judge s a great deal of latitude and property division is no exception. Washington state divorce laws division of assets

Which assets are subject to distribution in washington. Washington state divorce laws division of assets

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