Advocating for Your Property Interests
One of the most contentious issues in a divorce involves the division of property and assets between the parties. When a married couple acquires things like houses, furniture, cars, and other types of property, the law presumes that both spouses jointly own them. However, a married couple can acquire an ownership interest for things like retirement plans, financial investments, and even small businesses. When a divorce involves such high-value assets, the related legal proceedings can become complicated.
If you are facing a divorce with complex issues related to high-value assets, you should seek the professional legal services of a Vancouver high asset divorce attorney. At Pacific Cascade Legal, we devote our practice to helping families in Vancouver, WA resolve legal disputes that arise from getting a divorce, such as high-asset property division. Our legal team is here to help guide you through each step of the divorce process, including legal proceedings regarding the characterization, valuation, and division of marital property.
Do you have questions about Pacific Cascade Legal’s services for high asset divorces in Vancouver, WA? Contact us today!
Common High Asset Divorce Issues
Depending on the state where you filed your divorce, a court might use principles of either community property or equitable distribution to resolve property division issues. Washington is a community property state.
According to Washington’s community property rules, all assets acquired during marriage are considered to be community property that is subject to a “just and equitable” division upon divorce. In contrast, all property a party acquires before marriage or after divorce qualifies as their sole a separate property that is not divisible upon divorce. Courts are afforded broad discretion when deciding a “just and equitable” division of property between divorcing spouses.
You can count on the Pacific Cascade Legal team to provide quality legal advice and advocacy for the following issues:
- Tracing property to community or separate sources
- Dividing out-of-state property interests
- Quasi-community property
- Valuing and dividing financial investments
- Appraising business ownership interests
We Care at Pacific Cascade Legal
Divorce can be an emotionally taxing experience for anyone. Not only must the parties go through the emotional stress of resolving what are often very personal and private issues, but they must also endure the stress of allocating their respective rights and responsibilities for marital finances and property ownership. Fortunately, you don’t have to confront these challenges on your own. At Pacific Cascade Legal, we are dedicated to helping you get through the life-changing experience of divorce. We can appreciate the hardships you face in your divorce. As a result, we try to approach representing your legal interests from a place of empathy and understanding, so we can effectively protect your legal rights and promote your personal and familial interests.
Schedule a free initial consultation with one of our Vancouver high asset divorce attorneys! Call our office at 360-506-6332.