When a couple is heading for a divorce or is in the midst of a divorce in Washington State, how the proceeding will play itself out in regards to money is a common concern. Finances are a topic of dispute at the end of a marriage in any case, but if it is a high asset divorce, there are many issues that will come up like dividing property, retirement accounts, savings, stocks and other assets. Knowing what signs to look for if there are hidden assets and financial trickery going on can help avoid problems later on.
A common concern among people ending a marriage is how much alimony will be paid from the supporting spouse to the supported spouse. When it comes to family legal issues, this is one that constantly arises and is in dispute. Frequently, people who are getting a divorce will disagree on what should be paid -- if anything at all. The law is clear but flexible regarding alimony and this is true whether it's a high asset divorce or a divorce of more modest means.
When a couple divorces in Spokane and anywhere in the United States, there are many divorce legal issues that must be handled. A high asset divorce is prone to have many more factors in dispute than a divorce in which there were fewer assets to battle over. When it comes to finances, a couple that has a substantial amount often takes a long time to sift through the assets from the marriage to come to a satisfactory resolution for both. This is true whether there were prenuptial agreements or not.
People in Spokane who are ending a marriage and face the complication of a high asset divorce need to keep many things in mind as the proceeding moves forward. There are many issues that will arise and might be in dispute such as property division, how much will be paid in alimony, if there is a disagreement over custody of children and how much will be paid to the custodial parent for their upkeep. There are important tips that people who are taking part in a divorce with a vast amount of assets at stake need to pay attention to.
In Washington State and across the country, there are a number of differences between a conventional set of family legal issues when a couple chooses to end their marriage and what is in dispute with a high asset divorce. Any divorce will have its difficulties due to property division, child custody concerns, spousal support and numerous other factors that will arise. If there are substantial assets that were part of the marriage, it's likely that both sides will do whatever they can to get as much as possible.
When a couple in Spokane decides to part ways and get a divorce, there are many issues that will come to the forefront. In some instances, there are significant assets that have to be split. A high asset divorce has numerous pitfalls that both sides would prefer to avoid. An equitable property division is obviously the goal, but considering that there will be numerous issues in dispute, that's not always possible. Couples might disagree about everything and want to get exactly what they feel entitled to. This can lead to frequent fears and concerns that must be assuaged to the satisfaction of all.
Single parents in Washington who have struggled with alimony and child support payments after a divorce understand how lengthy and overwhelming the process can be. From collecting payments, to demonstrating financial need the process can lead to a lot of stress.
Spokane area basketball fans may have heard about the divorce drama of former NBA star point guard Allen Iverson. Iverson's wife filed for divorce in March 2010, but the two later attempted to reconcile. Now, Tawanna Iverson has filed for divorce again and recently filed a very strange request in court.