there is $*,*,* in debt, and the high income earner has made large indulgent purchases that have both increased the debt and greatly inhibited the couples ability to pay off the debt
In Washington State, the court will consider the nature of the debt and how it was incurred when deciding how to divide it. Given the high income earner's actions, the court may allocate a larger share of the debt to them.
Is there any particular asset division or spousal support concern you have?
In Washington State, the court aims for an equitable division of debts and assets. Given the high income earner's indulgent purchases that increased the debt, the court might allocate a larger share of the debt to them.
Do you have any concerns regarding spousal support or specific assets?
In Washington State, spousal support (alimony) is determined based on factors like the duration of the marriage, the financial resources of both spouses, and the standard of living during the marriage. Given the high income disparity, the retired spouse may be entitled to spousal support.
Are you looking for advice on how to request spousal support or guidelines on asset division?
yes
In Washington State, spousal support and asset division can be complex, especially with significant income disparities and debt. Here’s some general information:
- Spousal Support: Washington courts consider the duration of the marriage, the financial resources of both spouses, and the standard of living during the marriage. The retired spouse may be entitled to spousal support given the income disparity.
- Debt Division: The court aims for equitable distribution, not necessarily equal. The high-income earner's indulgent spending might result in them being assigned a larger portion of the debt.
Are you considering any specific requests or strategies for spousal support or asset division?
the marriage has lasted *.5 years.
In Washington State, an *.*-year marriage is considered a mid-term marriage. Here’s some general information on how the court may handle your situation:
- Spousal Support (Alimony): Courts consider the length of the marriage, the financial resources of each spouse, and the standard of living during the marriage. Given the significant income disparity, the retired spouse may receive spousal support.
- Debt Division: The court divides debt equitably. The high-income earner's indulgent spending may result in them bearing a larger portion of the debt.
Do you need more detailed information on how to request spousal support or how to present your case for asset division?
If a marriage lasts *.5 years and now one spouse is 60 years old and retired and the other spouse is 57 years old and earns $*,*,*, will the retired spouse be entitled to spousal support?
In Washington, a marriage of *.5 years is considered mid-term. Given the significant income disparity and the retired status of one spouse, the retired spouse is likely entitled to spousal support.
Would you like more details on how to request spousal support or insights on asset division?
what is a likely amount and the term of that the spousal support is likely to be
In Washington, spousal support amounts and duration are based on various factors. Here's a general idea:
- Amount: Typically based on the need of the receiving spouse and the ability to pay by the higher-earning spouse.
- Duration: Often half the length of the marriage for mid-term marriages like *.5 years.
Would you like information on how to calculate a more specific amount or details on the legal process?
yes
In Washington State, spousal support (alimony) amounts and duration can vary, but here's a basic guideline:
- Amount: Based on the receiving spouse's needs and the paying spouse's ability to pay.
- Duration: Often half the length of the marriage for mid-term marriages, so around *.25 years in your case.
Would you like to know how to calculate a specific amount or get insights into the legal process for requesting spousal support?
If a divorced spouse is awarded spousal support because they are retired, and the other spouse is a very high earner, and then later on the retired spouse begins earning income again, can the spousal support award be changed as a result ?
Yes, in Washington State, spousal support (alimony) can be modified if there is a significant change in circumstances. If the retired spouse starts earning income again, the high-earning spouse can request a modification of the spousal support award.
Is there a specific change in income or other circumstances you need more details on?
ok, then is there a minimum waiting time before a change in the spousal support order can be requested or made?
In Washington State, there is no minimum waiting time to request a modification of a spousal support order. A change can be requested whenever there is a significant change in circumstances.
Would you like more details on the process for requesting a modification?
TRY ME!
Start a new chat