You have a lot on your mind. As you and your soon to be ex-spouse go about the business of separating your single family unit into two distinct family units, you are going to have to divide the property that you currently share.
It may be easy to look around and inventory the property in your home. You can see your wedding china, your electronic equipment, and your furniture. You are also unlikely to forget about your everyday bank accounts, such as your checking and primary savings account.
What About Everything Else?
Some other types of property that you might want to consider include:
- Stocks and investments
- Deferred stock options
- Retirement plans
- Frequent flier miles
- Country club memberships
- Life insurance policies
- Cemetery plots
- Tax refunds
- Collectible items
Of course, this list is not all-inclusive. There may be other types of property that also needs to be divided. Do not assume that any specific piece of property is worthless. Instead, tell your Seattle divorce attorney everything that you know about the property you and your spouse own. Additionally, answer all of the questions posed by your experienced attorney who knows how to catalog your property.
How to Make Sure Your Property Division Is Fair
The best thing that you can do is be honest with your divorce attorney. An experienced lawyer can help you divide property fairly according to the community property divorce laws of Washington State.
You may have only one chance to divide property fairly in a Washington divorce. Accordingly, it is important to do it right the first time. For more information about the division of property and/or getting a divorce in Washington State, please read our FREE books, The Thinking Man’s Guide to Divorce in Washington or The Savvy Woman’s Guide to Divorce in Washington. We also invite you to contact us to set up your discreet and confidential consultation.