McKinley Irvin Blogs from October 2024

• How Long Does Spousal Support Last?

  Oct 28, 2024
  Divorce is a complex process that involves numerous financial considerations, each with the potential to significantly impact one's economic well-being and future prospects. Alimony—also known as spousal support or maintenance—often plays a crucial role in the divorce settlement. Alimony is a vital component of many divorce agreements. It provides financial assistance to a spouse who requires support based on various factors, including the other party's ability to pay. This arrangement aims to help the recipient spouse ...
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• Managing Your Finances During Divorce

  Oct 21, 2024
  Divorce is a complex emotional and logistical process. Throughout the divorce process and after finalizing your divorce, it is crucial that you safeguard your financial health. Below, we discuss key steps to take control of your finances throughout the divorce process: Understanding Your Financial Situation To protect your future finances, you first need to know your current financial situation. Collect bank statements, credit card statements, investment records, pay stubs, tax returns, and mortgage statements. This ...
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• Tips to Make Long-Distance Co-Parenting Work

  Oct 14, 2024
  A non-residential co-parent is a parent who lives apart from their child but maintains a significant role in their life. This arrangement can arise from various circumstances, including divorce, separation, or other life changes. While the physical distance between parent and child may differ, the parental role and responsibilities remain intact. A non-residential co-parent continues to play an active part in their child's life, making decisions about their upbringing and maintaining a strong emotional connection. ...
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• Misconceptions About Asset Division in Washington State

  Oct 7, 2024
  Myths About Dividing Assets in Divorce Who gets the house? What happens to the family business? And who keeps the engagement ring ? These are just a few concerns when dividing assets in a divorce. This complex process can become even more complicated if either party has misconceptions about the divorce process and Washington laws. This blog will debunk common myths and offer you the truth. Whether you're considering divorce or in the midst of it, this blog aims to equip you with the knowledge you need to make informed ...
  Posted By McKinley Irvin
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