Hodgson Law Office
Get A free initial consultation
800-732-4698 509-720-8991


How will a legal separation affect your financial state?

Spokane residents considering a divorce might be interested to learn that more and more couples are choosing to separate indefinitely under family law, rather than filing for divorce.

There are many obvious questions that follow a couple's decision to do this: Why would two people who no longer wish to be married or live together choose to live in a state of limbo by remaining legally separated, and is it really important to separate legally?

Separation was once considered a wise choice to ensure that a couple really wanted to pursue divorce, but these days, many couples are seeing added benefits to separation. Couples are reportedly opting for legal separation rather than divorce because they think it is a better financial decision.

A legal separation is often sought when a couple is going to live apart for longer than a reasonable trial period. A legal separation protects you from situations that remain unprotected in an informal separation. A legal separation outlines debt and asset division, child and spousal support, and custody issues in a binding legal agreement. Informal separations do not address these issues in a manner that is legally binding. Those who legally separate, rather than divorce, may see the following financial benefits:

• Qualification for Social Security benefits by meeting the 10-year marriage requirement

• Continuance of health insurance benefits from your spouse's plan

• Joint filing tax benefits

• Ability to pool financial resources

The requirements for legal separation vary from state to state, and the decision to separate rather than divorce is quite complex. It would be wise to speak with a Spokane family law attorney to ensure that legal separation is the right choice for your situation, and that the agreement you create is legally binding in Washington and will protect you and your financial future.

Source: Forbes, "Legal Separation or Divorce: Which is Better Financially?" Jeff Landers, Jan. 10, 2012

No Comments

Leave a comment
Comment Information

Contact My Firm

I look forward to meeting with you and discussing your specific issues. Schedule a free consultation by calling
509-720-8991 or toll-free at 800-732-4698 or fill out my online form below.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Review Us