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How will assets be divided in divorce?
Seattle, WA
Viewed 20 times.
Posted 18 days ago in Divorce / Separation
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I purchased a house before marrying my wife five years ago. We are now considering divorce. I had put a substantial amount into the house (about $90K) and the house has appreciated by about $20K since purchased. Payments have been made from an account I had before the marriage. How much of the home's equity will she be entitled to?
Answers (1)
Thuong-Tri Nguyen
This attorney is licensed in Washington.
Posted 18 days ago.
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If the spouses cannot agree with each other how to divide their assets and debts, the laws allow the court to divide all assets and debts in a just and equitable manner. Whether a debt or asset is community or separate does not limit the court's power to divide the debt or asset.
You can review your specific facts with your attorney. Knowing enough facts about your case, the attorney should be able to tell in general how a court may act . However, keep in mind that the court has broad discretion in family law proceedings. |
