Financial Issues « Divorce For Grownups

Co-owning Property With Your Former Spouse After Divorce — What Can Go Wrong?

There was a time, not so long ago, that divorce property settlement agreements were based upon the concept that real estate values only go up and there was always equity in the family home. In today’s reality of falling real estate prices we have to get more creative with what to do about houses that are valued at less than the mortgage, rental property, and houses that have dropped so far in value the owners want to maintain the property long enough to recover some of their losses. Here are some questions I frequently hear: Read more….

Karin’s Interview with Patricia Wangsness

Karin Quirk Attorney at Law talks with Patrica about a cooperative divorce

Divorce and Your Business: Minimize the Impact

While ultimately a personal matter, divorce affects business in time, money, and lost productivity. An employee going through an emotionally troubling time may be less productive, miss work and may involve other employees in the drama. Many business also are concerned about revealing private or sensitive information.

When the business owner is the person involved in the divorce process the consequences on the business can be even more dramatic, if not devastating. If the business owner is distracted, the business suffers. The legal discovery process can be as distressing as a tax audit with even greater economic consequences. A small business may also be destroyed by the need to liquidate assets to affect the community property division. Read more….

Gender Bias and Divorce

Often folks tell me that there is a great deal of gender bias in the divorce process. I agree there is but you may be surprised where you find some of this gender bias. You probably have your own bias. Read more….

Washington State Divorce: Beginning the Case and Filing A Petition

“I’ve never done this before”

This is the most frequent comment I hear from clients. It is true and probably they will only do it once. Some people do extensive research and have a lot of knowledge but don’t know how to put it together and some of my clients are complete strangers to the process. My job is to be a guide to the novice and to those who have extensive knowledge. Here is a basic run through of beginning the legal process in Washington State. Keep in mind this is general information only and your case may be different. Also each county is slightly different. Most of this information is true of every county but where there is a significant difference I will point it out. Read more….

Divorce Stories: Why You Should Listen to Your Lawyer

The Story About the Contractor, or The Man Who Came to Dinner and Stayed to Remodel the House

The lessons learned from this story: Listen to your lawyer about the value of your case; just because you married the owner, it does not become community property and don’t remodel a house that isn’t yours.

Dave loved to remodel houses. He loved high quality materials and foraged construction sites and surplus stores for sinks, unusual woods, windows and other tools of his trade. He had always loved remodeling houses. He remodeled a rather ordinary three bedroom rambler in a run down neighborhood turning it into a House Beautiful in the midst of Hot Rod Haven. They told him he could not sell it for an amount that would cover his costs even though he had done all the work himself and got most materials at bargain prices. He has, as they say, overbuilt for the neighborhood. Dave never got to find out what his house was worth as he lost that house in his first divorce. Read more….

Contact Us

Subscribe

Follow Us

Articles

We Accept