Real Estate Mistakes Couples Make in Marriage and Divorce
For many married couples, your family home is your single-largest investment. A down payment alone can reflect years of hard work and savings. Yet, the choices you and your spouse make when buying your first home can affect you years later if you and your spouse face marital challenges, illness, or periods of financial […]
Can I Keep the House in Divorce if I’m the Only One Who Can Afford It?
For many families, their house represents their most significant investment. But more than that, your house is your home, it’s where your children came home after they were born, where they opened their first Christmas presents, where your memories are made. The family home isn’t just an asset to negotiate, it’s often tied to […]
Alimony and Child Support in Washington: A Guide for Stay at Home Parents
Supporting yourself and your children as a single parent isn’t easy, especially in the wake of divorce. If your marriage is ending, you might be wondering whether you might be entitled to receive alimony, and if so, how alimony might impact child support, especially if you’re a stay-at-home parent with children to support. Questions […]
The Divorce Tax: How Having a Prenuptial Agreement Can Help You Avoid It
Most couples spend more time planning their wedding than they spend understanding their marriage. That’s not a criticism. It’s just true. The venue, the guest list, the flowers — these things get months of careful attention. The financial and legal structure of the partnership those decisions celebrate? Most couples never discuss it at all. Prenuptial […]
The Hidden Work of Marriage: How Invisible Labor Builds Resentment—and What to Do Before it Does
You and your partner talk about money. Maybe you have a mortgage and are planning for retirement. Or perhaps you have a financial advisor and set aside time to discuss asset protection and investment with your spouse. You’ve thought about the future and have a plan in place if something goes wrong. But there’s […]
Parenting Plan Mistakes: What to Include in Your Parenting Plan
It isn’t what you include in your parenting plan that leads to issues, but rather, it is what you exclude that matters most. Here are some of the most common parenting plan mistakes: Choosing an Informal Parenting Plan Schedule Failing to Include Drop-offs and Pick-ups in Your Parenting Plan […]
Divorce and Bank Accounts: What You Need to Know
After filing for divorce, you might be wondering what comes next. You need to keep living, and paying your bills, and eventually the question is going to come up—can I withdraw money from a joint account, and if I can, how much? In the collaborative divorce cases we handle at Truce Law, questions about […]
Your Marriage Contract: Have You Read the Fine Print?
Would you sign a contract that could potentially leave you deep in debt without reading the fine print? Would you sign a contract if the terms of the contract changed whenever you moved to another state? Did you know that marriage is a legal contract that can significantly restructure your finances, your assets, your […]
Your Marriage Contract: Have You Read the Fine Print?
Would you sign a contract that could potentially leave you deep in debt without reading the fine print? Would you sign a contract if the terms of the contract changed whenever you moved to another state? Did you know that marriage is a legal contract that can significantly restructure your finances, your assets, your future […]
Divorce When You Co-Own a Business
Divorce when you co-own a business raises unique questions and concerns. If you are getting divorced and jointly-own a business, here’s what you need to know. According to the Pew Research Center, approximately 10% of small businesses in the U.S. are co-owned by married couples. Another 11% of small businesses are jointly owned but […]