Consulting With A Seattle Divorce Lawyer Regarding Property
By susant
One of the most important concerns in a divorce is how the marital property will be divided between the former spouses. Television tabloid programs are filled with stories of one spouse taking a celebrity spouse “to the cleaners”, meaning receiving an astronomical share of the celebrity’s wealth. While explaining such outcomes require legal speculation about the law of other jurisdictions, these stories do promote confusion and fear about divorce law and divorce attorneys. This is why, if you are contemplating divorce, a consultation with a Seattle divorce lawyer may help allay these fears.
Regarding the law of property distribution in a divorce, Washington State is a community property state. This means that each spouse has an interest in the property acquired during the marriage. Property acquired before the marriage, after separation, or under certain other conditions such as inheritance is considered separate property. However, classifying property as community or separate can be complex, as your
Seattle divorce lawyer can explain. For example, what about interest earned during the marriage on an investment originally purchased before marriage? Seattle divorce lawyers specialize in sorting out just these kinds of issues.
Once the court determines which property is community and which is separate, how will the community property be divided? A Seattle divorce lawyer
Choose Auction, Not Lottery, When Selling Your HomeWhat can you do if you're selling your home and your home has been on the market for several years to no avail? Should you think about selling your home with a lottery? While selling your home through a lottery may seem appealing, it is illegal in most states. If you're desperately selling your home, you may want to auction off your home instead. Learn why selling a home via an auction is preferable to selling a home using a lottery.Refinance Mortgage Loan - When Is The Right Time?What should you consider when you're debating whether to refinance your mortgage loan? When you're thinking about refinancing your mortgage loan you need to run the numbers - think about how long you'll be in the home and how many years you want your mortgage to last - then find out whether refinancing will reduce your monthly mortgage payment. When refinancing your mortgage loan you also need to look at interest rates.Missing Will, Title Make Getting Loan DifficultWhen you inherit a home you may decide to put your name on the home's title with the help of an attorney. What if the attorney you hire to help you with the title loses the documents that prove you own the home, including the will and the title? You may have to contact the local courts to ensure that you own the home if the will and deed are missing, especially if you want to get a home loan to repair the home.
will tell you that the standard is “fair and equitable”. Discerning what this means takes knowledge and experience in Washington State family law, something a
Seattle divorce lawyer can give you. The law is structured such that a court can separate property in a way that will put the parties in a fair position after they go their separate ways. While this seems like a hard to standard to predict, this is why Seattle divorce lawyers become specialists in this area. It takes a concentrated effort to understand the law and its application in community property issues to be an effective divorce lawyer.
Finally, don’t lose sight of the fact that most divorce issues are settled by agreement. The parties themselves often know what is fair under their own circumstances, and a good
Seattle divorce lawyer can encourage this kind of settlement. Of course, it helps to know what you would get if you go to court, and that too is what a Seattle divorce lawyer can do for your case.
The author is a Seattle divorce lawyer law student. Please visit McKinley Irvin for more information.