2009

McKinley Irvin Blogs from 2009

  • Asset Division in Divorce: Types of Assets

    When a couple is divorcing or separating, they generally have a variety of assets that will need to be divided between them. Assets might include a home or other real property, a business, bank accounts, or retirement accounts. Below is a list of the most common assets divided in a divorce. Consult state law or your divorce lawyer to determine which assets you should be looking for. What Kind of Assets Are Divided in a Divorce? Money : You and your spouse likely have some financial assets. These financial assets generally ...
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  • How Long Does a Divorce Take?

    Many different factors can speed up or slow down how long it takes to get a divorce. Some of these factors are out of your control. Other factors are in your control. Factor #1: Mandatory Waiting Periods Nearly all states have waiting periods before you can complete a divorce. Some states require a period of separation (living apart) before you are allowed to even file for divorce. Most states require a mandatory waiting period between the filing of your divorce petition and when the court will issue your final divorce ...
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  • Divorce and Economic Recession

    Originally published in the January 2009 issue of the King County Bar Association Bar Bulletin. Reprinted with permission of the King County Bar Association. They started to fight when the money got tight and they just didn’t count on the tears… Remember that line from Billy Joel’s, “Scenes From an Italian Restaurant”? Because financial strain is often cited as the number one cause of divorce, it is reasonable to assume the current economic downturn will likely have a negative impact on some marriages and domestic ...
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