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    <title type="text">Canfield Madow Law Group, PLLC</title>
    <subtitle type="text">Canfield Madow Law Group, PLLC</subtitle>

    <updated>2026-09-07T16:30:14Z</updated>

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        <entry>
            <author>
									                    <name>On Behalf of Canfield Madow Law Group, PLLC</name>
				            </author>
            <title type="html"><![CDATA[What should you bring to a divorce mediation?]]></title>
            <link rel="alternate" type="text/html" href="https://www.canfieldmadow.com/blog/2026/09/what-should-you-bring-to-a-divorce-mediation/" />
            <id>https://www.canfieldmadow.com/?p=50846</id>
            <updated>2026-09-07T16:30:14Z</updated>
            <published>2026-09-07T16:30:14Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Divorce mediation can feel more manageable than going to court, but sitting down with your spouse to make decisions about your future can still feel like a lot to handle. You may wonder whether you have enough information to participate meaningfully or whether you need to arrive with every record you have ever received. Here are the records and information…]]></summary>
			                <content type="html" xml:base="https://www.canfieldmadow.com/blog/2026/09/what-should-you-bring-to-a-divorce-mediation/"><![CDATA[Divorce mediation can feel more manageable than going to court, but sitting down with your spouse to make decisions about your future can still feel like a lot to handle. You may wonder whether you have enough information to participate meaningfully or whether you need to arrive with every record you have ever received.

Here are the records and information you can prioritize.
<h2>Financial records</h2>
Current income and account records give you and your spouse reliable information for discussing the financial terms of your divorce.
<ul>
 	<li aria-level="1"><a href="https://www.irs.gov/individuals/filing-taxes-after-divorce-or-separation" target="_blank" rel="noopener noreferrer" data-wpel-link="external">Recent pay stubs and tax returns</a></li>
 	<li aria-level="1">Bank and investment account statements</li>
 	<li aria-level="1">Retirement and pension statements</li>
 	<li aria-level="1">Business records, if applicable</li>
</ul>
For a high-asset divorce, you may also need records that show the value or ownership of less obvious assets, such as stock options, business interests or other investments.
<h2>Property and debt information</h2>
Information about major assets and debts helps you identify what needs to be addressed during property negotiations.

Mortgage statements, property records, loan information and credit account statements can help you account for both what you own and what you owe. Washington courts consider community and separate property along with the parties' liabilities when dividing assets in a divorce.
<h2>Parenting and child-related records</h2>
Schedules and expense records can help you discuss parenting arrangements based on how your children actually live and what they need.
<ul>
 	<li aria-level="1">Existing parenting plans or schedules</li>
 	<li aria-level="1">School and childcare schedules</li>
 	<li aria-level="1">Records of recurring child-related expenses</li>
</ul>
For example, a school or childcare schedule can help you identify practical issues with proposed parenting time, especially when work schedules or transportation create limitations.
<h2>Existing legal documents</h2>
Prior agreements and court orders can show which obligations or arrangements already apply to your family.

This may include a prenuptial or postnuptial agreement, an existing parenting plan, a protection order or another family court order. If a document contains terms that affect the issues you plan to mediate, flag those provisions beforehand so you can discuss them with your attorney if necessary.
<h2>Your priorities and questions</h2>
A written list of your priorities can help you stay focused on the issues you actually need to resolve.

You can identify the terms that matter most to you, note areas where you may have room to compromise and write down questions about anything you do not understand. It can also help to separate must-haves from preferences, since mediation often involves making choices between <a href="https://www.canfieldmadow.com/alternatives-to-litigation/" target="_blank" rel="noopener" data-wpel-link="internal">different ways of resolving an issue</a>.
<h2>Prepare for the decisions ahead</h2>
You do not need a perfectly organized file before mediation. Reviewing your records and priorities with an attorney beforehand can help you identify missing information and understand the legal consequences of the choices you may face during the session.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Canfield Madow Law Group, PLLC</name>
				            </author>
            <title type="html"><![CDATA[What happens to debt during a Washington divorce?]]></title>
            <link rel="alternate" type="text/html" href="https://www.canfieldmadow.com/blog/2026/09/what-happens-to-debt-during-a-washington-divorce/" />
            <id>https://www.canfieldmadow.com/?p=50844</id>
            <updated>2026-09-02T08:49:34Z</updated>
            <published>2026-09-02T08:49:34Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Divorce can change your household, your budget and your plans for the future. It can also leave you with questions about credit cards, car payments, taxes and the mortgage. In Washington, you need to address debt along with property when you end a marriage. Understanding how Washington courts divide debt Washington follows community property rules. Debts that either spouse takes…]]></summary>
			                <content type="html" xml:base="https://www.canfieldmadow.com/blog/2026/09/what-happens-to-debt-during-a-washington-divorce/"><![CDATA[<span style="font-weight: 400;">Divorce can change your household, your budget and your plans for the future. It can also leave you with questions about credit cards, car payments, taxes and the mortgage. In Washington, you need to address debt along with property when you end a marriage.</span>
<h2><span style="font-weight: 400;">Understanding how Washington courts divide debt</span></h2>
<span style="font-weight: 400;">Washington follows </span><a href="https://app.leg.wa.gov/rcw/default.aspx?cite=26.09.080" target="_blank" rel="noopener noreferrer" data-wpel-link="external"><span style="font-weight: 400;">community property rules</span></a><span style="font-weight: 400;">. Debts that either spouse takes on during the marriage may count as community debt, even if only one person’s name appears on the account. The court divides debt in a way it considers just and equitable. That does not always mean an even split.</span>

<span style="font-weight: 400;">The court may look at when you took on the debt, why you used it and whether it benefited your household. Debt from before the marriage may remain separate. The same may apply to debt that mainly benefited one spouse.</span>
<h2><span style="font-weight: 400;">Identifying common debts in divorce</span></h2>
<span style="font-weight: 400;">Each debt requires its own review. You may need to gather account statements, loan documents and other records before you negotiate an agreement or go to court.</span>
<ul>
 	<li style="font-weight: 400;" aria-level="1"><b>Credit card balances:</b><span style="font-weight: 400;"> Charges for household needs during the marriage may count as community debt.</span></li>
 	<li style="font-weight: 400;" aria-level="1"><b>Mortgage loans:</b><span style="font-weight: 400;"> The court may address who keeps the home and who must make future mortgage payments.</span></li>
 	<li style="font-weight: 400;" aria-level="1"><b>Car loans:</b><span style="font-weight: 400;"> If you keep the vehicle, you may also take responsibility for its loan.</span></li>
 	<li style="font-weight: 400;" aria-level="1"><b>Student loans:</b><span style="font-weight: 400;"> The date of the loan and how you used the funds can affect who must repay it.</span></li>
 	<li style="font-weight: 400;" aria-level="1"><b>Tax debt:</b><span style="font-weight: 400;"> Responsibility may depend on when the tax debt arose and the facts behind it.</span></li>
</ul>
<span style="font-weight: 400;">Looking at all debts together can help you understand how they fit into the full property division. Legal assistance can also help you evaluate how community property rules may apply to specific debts.</span>
<h2><span style="font-weight: 400;">Protecting your credit after separation</span></h2>
<span style="font-weight: 400;">A divorce decree may make your former spouse responsible for paying a particular debt, but it does not change the contract you have with the creditor. When both spouses are listed on a loan or credit card, the creditor may still hold you responsible for the balance if your former spouse fails to make the required payments.</span>

<span style="font-weight: 400;">You can reduce that risk by closing joint credit cards, paying off shared balances or refinancing a loan into one person’s name when possible. Your </span><a href="https://www.canfieldmadow.com/divorce-concerns/" data-wpel-link="internal"><span style="font-weight: 400;">separation agreement</span></a><span style="font-weight: 400;"> can also include language that requires reimbursement if one spouse fails to pay an assigned debt.</span>
<h2><span style="font-weight: 400;">Building a stronger financial future</span></h2>
<span style="font-weight: 400;">Debt decisions can affect your credit and finances long after the divorce ends. Review every account, understand who remains legally responsible and make a plan that protects you from missed payments.</span>]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Canfield Madow Law Group, PLLC</name>
				            </author>
            <title type="html"><![CDATA[Can your child choose which parent to live with after divorce?]]></title>
            <link rel="alternate" type="text/html" href="https://www.canfieldmadow.com/blog/2026/08/can-your-child-choose-which-parent-to-live-with-after-divorce/" />
            <id>https://www.canfieldmadow.com/?p=50832</id>
            <updated>2026-08-24T16:26:29Z</updated>
            <published>2026-08-24T15:55:29Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Divorce brings many difficult questions to the surface, especially when children are involved. Many parents assume their child can freely decide which parent to live with. In reality, Washington law handles this differently. Knowing how the process works can give you clarity during an already emotional time. Does Washington law give children the final say? In Washington, children do not…]]></summary>
			                <content type="html" xml:base="https://www.canfieldmadow.com/blog/2026/08/can-your-child-choose-which-parent-to-live-with-after-divorce/"><![CDATA[Divorce brings many difficult questions to the surface, especially when children are involved. Many parents assume their child can freely decide which parent to live with. In reality, Washington law handles this differently. Knowing how the process works can give you clarity during an already emotional time.
<h2>Does Washington law give children the final say?</h2>
In Washington, children do not hold the authority to make the final custody determination. That responsibility belongs entirely to the court. However, Washington law recognizes a child's preference as one meaningful factor within the broader decision-making process. So while your child does not control the outcome, their preference still carries genuine weight in the court's overall deliberations.
<h2>At what age does a child's preference matter?</h2>
Washington law does not establish a specific age threshold that automatically grants a child greater influence over custody decisions. Instead, judges evaluate each child individually by considering their maturity level and capacity to reason through complex situations.

Generally, older children receive more substantial consideration from the court. A teenager's stated preference, for example, tends to carry considerably more weight than that of a younger child.
<h2>How does a judge evaluate a child's preference?</h2>
Judges do not simply take a child's stated preference at face value. One major concern courts watch for is parental influence. If a parent has coached or pressured a child into expressing a particular preference, a judge will factor that into their assessment.

Courts also consider whether the child feels emotionally safe expressing their true feelings. The child's overall well-being guides this entire evaluation.
<h2>What other factors does the court consider?</h2>
Beyond preference, Washington courts focus on the <a href="https://app.leg.wa.gov/rcw/default.aspx?cite=26.09.002" target="_blank" rel="noopener noreferrer" data-wpel-link="external">child's best interests</a>. Judges examine the following:
<ul>
 	<li aria-level="1">Each parent's relationship with the child</li>
 	<li aria-level="1">The stability of each home</li>
 	<li aria-level="1">Each parent's ability to meet the child's daily needs</li>
</ul>
Any history of domestic violence or abuse also carries significant weight.
<h2>How does a child share their preference with the court?</h2>
Children rarely testify directly in open court during custody proceedings. Instead, a judge may appoint a Guardian ad Litem to formally represent the child's interests throughout the process. This trained professional meets with the child privately and then presents their findings and observations to the court. This structured approach effectively shields the child from the emotional pressure of a formal courtroom environment.
<h2>Supporting your child’s needs through change</h2>
<a href="https://www.canfieldmadow.com/parenting-issues/" data-wpel-link="internal">Custody decisions</a> shape your child's daily life for years to come. Listening to your child and understanding their feelings is a meaningful first step. Keep communication open and focus on their emotional stability throughout this process. A child who feels heard and supported may adjust more easily to life after divorce.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Canfield Madow Law Group, PLLC</name>
				            </author>
            <title type="html"><![CDATA[Are we overlooking valuable assets in our divorce?]]></title>
            <link rel="alternate" type="text/html" href="https://www.canfieldmadow.com/blog/2026/08/are-we-overlooking-valuable-assets-in-our-divorce/" />
            <id>https://www.canfieldmadow.com/?p=50831</id>
            <updated>2026-08-13T18:46:49Z</updated>
            <published>2026-08-13T18:46:49Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[High-stakes divorces in Washington involve more than just ending a marriage. They require the careful division of a lifetime of wealth. Since Washington is a community property state, the law looks for a just and equitable division of property and debts. This result is only possible when there is complete and accurate financial information. When your estate is complex, a…]]></summary>
			                <content type="html" xml:base="https://www.canfieldmadow.com/blog/2026/08/are-we-overlooking-valuable-assets-in-our-divorce/"><![CDATA[<div class="fl-dynamic-text-response">

High-stakes divorces in Washington involve more than just ending a marriage. They require the careful division of a lifetime of wealth. Since Washington is a community property state, the law looks for a just and equitable division of property and debts. This result is only possible when there is complete and accurate financial information.

When your estate is complex, a simple review of the books is rarely enough to protect your interests. There could be much more at stake than you initially realize.

</div>
<h2>Five assets that may be overlooked</h2>
Even in affluent households, certain high-value items can be missed during the initial inventory. Some assets that can be missed include:
<ul>
 	<li>Stock options and RSUs that have not yet vested</li>
 	<li>Deferred bonuses and executive compensation plans</li>
 	<li>Prepaid tax installments or insurance premiums</li>
 	<li>Cryptocurrency stored in private digital wallets</li>
 	<li>Luxury collectibles like fine art and jewelry</li>
</ul>
Each of these items represents significant value that may need to be <a href="https://www.findlaw.com/state/washington-law/washington-marital-property-laws.html" target="_blank" rel="noopener noreferrer" data-wpel-link="external">identified and valued in the divorce</a>.
<h2>How forensic tools bring the truth to light</h2>
A sophisticated legal strategy utilizes forensic accounting to bridge the gap between reported numbers and reality. This process involves a deep dive into historical records, tax filings and spending patterns to trace the flow of community funds. It is not merely about finding hidden cash. It is about verifying the character and value of every piece of property. By examining the paper trail, a legal team can reconstruct a full financial history that stands up in court.
<h2>The value of a full financial picture</h2>
Finding and properly valuing <a href="https://www.canfieldmadow.com/divorce-concerns/" target="_blank" rel="noopener" data-wpel-link="internal">assets in a Washington divorce</a> does more than just increase the total pool of property. It can provide the leverage needed during settlement negotiations. For instance, in Washington, lack of disclosure can affect credibility and outcomes; courts can also impose sanctions for discovery violations.

A clear understanding of your financial landscape can provide security during an uncertain time, and uncovering hidden assets empowers you to advocate for a fair outcome. Financial accuracy builds the foundation for a stable transition into your next chapter.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Canfield Madow Law Group, PLLC</name>
				            </author>
            <title type="html"><![CDATA[What happens when a parent refuses to follow a parenting plan?]]></title>
            <link rel="alternate" type="text/html" href="https://www.canfieldmadow.com/blog/2026/08/what-happens-when-a-parent-refuses-to-follow-a-parenting-plan/" />
            <id>https://www.canfieldmadow.com/?p=50827</id>
            <updated>2026-08-07T13:25:26Z</updated>
            <published>2026-08-07T13:25:26Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Dealing with a co-parent who refuses to honor a parenting plan can be overwhelming. When one parent intentionally refuses to follow a parenting schedule or decision-making rules, the court considers it a direct violation of a court order. Neither parent can take the law into their own hands. For instance, one parent cannot withhold child support if the other parent…]]></summary>
			                <content type="html" xml:base="https://www.canfieldmadow.com/blog/2026/08/what-happens-when-a-parent-refuses-to-follow-a-parenting-plan/"><![CDATA[Dealing with a co-parent who refuses to honor a parenting plan can be overwhelming. When one parent intentionally refuses to follow a parenting schedule or decision-making rules, the court considers it a direct violation of a court order. Neither parent can take the law into their own hands. For instance, one parent cannot withhold child support if the other parent denies visitation, nor can a parent block visitation over late payments.
<h2>Legal consequences of violating a parenting plan</h2>
Courts use specific legal steps to ensure parents follow parenting orders. If a court finds out that a <a href="https://app.leg.wa.gov/rcw/default.aspx?cite=26.09.160" target="_blank" rel="noopener noreferrer" data-wpel-link="external">parent acted in bad faith</a>, Washington law mandates strict penalties, such as:
<ul>
 	<li><strong>Mandatory make-up time:</strong> The judge would order equal residential make-up time for missed visits or double make-up time for a second violation within three years.</li>
 	<li><strong>Attorney’s fees and expenses:</strong> The non-complying parent should pay the other parent’s reasonable legal fees and court costs.</li>
 	<li><strong>Fines and jail time:</strong> The court can assess civil fines, and in serious or repeated cases, may order jail time until the parent complies with the order.</li>
 	<li><strong>Custody modification:</strong> Repeated or substantial interference with the parenting plan could justify petitioning the court for a permanent modification of primary custody.</li>
</ul>
If you need to enforce a parenting plan, start by maintaining clear records of missed exchanges, refused calls and co-parenting app logs. With proper legal support, ensure that you serve the paperwork to the other parent within the notice period required by your local court rules.
<h2>Enforcing your parenting plan</h2>
Taking clear action can <a href="https://www.canfieldmadow.com/parenting-issues/" data-wpel-link="internal">help your family</a> find stability and ensure your court order is followed. Consulting a skilled family law attorney could help you understand your enforcement options and work toward a timely resolution for you and your child.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Canfield Madow Law Group, PLLC</name>
				            </author>
            <title type="html"><![CDATA[Can a court divide the increase in separate property value?]]></title>
            <link rel="alternate" type="text/html" href="https://www.canfieldmadow.com/blog/2026/07/can-a-court-divide-the-increase-in-separate-property-value/" />
            <id>https://www.canfieldmadow.com/?p=50825</id>
            <updated>2026-07-31T13:04:34Z</updated>
            <published>2026-07-31T13:04:34Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[A home, investment account or business interest may begin as your separate property. During your marriage, however, the asset might increase greatly in value. You may wonder who benefits from that growth, especially when shared income, work or improvements helped raise its value. In Washington, an increase usually remains separate when the asset itself qualifies as separate property. However, courts…]]></summary>
			                <content type="html" xml:base="https://www.canfieldmadow.com/blog/2026/07/can-a-court-divide-the-increase-in-separate-property-value/"><![CDATA[A home, investment account or business interest may begin as your separate property. During your marriage, however, the asset might increase greatly in value. You may wonder who benefits from that growth, especially when shared income, work or improvements helped raise its value.

In Washington, an increase usually remains separate when the asset itself qualifies as separate property. However, courts may divide both separate and community property <a href="https://www.investopedia.com/terms/e/equitable-division.asp" target="_blank" rel="noopener noreferrer" data-wpel-link="external">in a way they consider fair</a> based on the facts. When marital funds or labor increase the value of a separate asset, the marital estate may also have a right to reimbursement.
<h2>Market forces and marital effort affect growth differently</h2>
An asset may gain value through market forces rather than anything you or your spouse did. Stock prices may rise, or land might become more valuable as demand grows. When marital money or work did not cause the increase, the growth usually remains separate property.

The result may differ when either spouse helped increase the asset’s value. One spouse might manage a separately owned business, improve a rental home or use marital income to reduce a loan. A court may consider whether those contributions added value and whether the spouse who performed the work received fair pay.
<h2>Records may connect marital contributions to the gain</h2>
Marital labor or funds do not automatically turn the full increase into community property. When those contributions caused part of the gain, the marital estate may have a right to reimbursement. A court could protect that right with an equitable lien, which places a financial claim against the asset.

The spouse who seeks reimbursement usually needs evidence that links marital money or work to the increase. Consider keeping account statements, loan records, tax returns and receipts for improvements. Business records might show each spouse’s contribution to the company’s value.

These documents help separate gains caused by market conditions from growth produced through marital effort. They also give the court a stronger basis for reviewing a reimbursement request.
<h2>Prepare to support your position</h2>
It is understandable to worry when shared effort affects separate property. Identifying what caused the growth and gathering records of marital contributions could clarify each spouse’s position and <a href="https://www.canfieldmadow.com/divorce-concerns/dividing-significant-assets/" target="_blank" rel="noopener" data-wpel-link="internal">support a fair division</a>.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Canfield Madow Law Group, PLLC</name>
				            </author>
            <title type="html"><![CDATA[Property division challenges in long-term marriages]]></title>
            <link rel="alternate" type="text/html" href="https://www.canfieldmadow.com/blog/2026/07/property-division-challenges-in-long-term-marriages/" />
            <id>https://www.canfieldmadow.com/?p=50823</id>
            <updated>2026-07-24T23:02:51Z</updated>
            <published>2026-07-24T23:02:51Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Property division is complicated in any divorce, but divorcing after decades of marriage can make it even more challenging. By the time a couple has been married 20, 30 or even 40 years, they’ve accumulated significant assets, blended their finances and made joint financial decisions that can be difficult to untangle. If you are considering a divorce after several years…]]></summary>
			                <content type="html" xml:base="https://www.canfieldmadow.com/blog/2026/07/property-division-challenges-in-long-term-marriages/"><![CDATA[<span style="font-weight: 400">Property division is complicated in any divorce, but divorcing after decades of marriage can make it even more challenging. By the time a couple has been married 20, 30 or even 40 years, they’ve accumulated significant assets, blended their finances and made joint financial decisions that can be difficult to untangle.</span>

<span style="font-weight: 400">If you are considering a divorce after several years of marriage, understanding how property division works and common issues in long-term marriages can help you make informed decisions and make wise financial choices.</span>
<h2><span style="font-weight: 400">Washington is a community property state</span></h2>
<span style="font-weight: 400">In Washington, any assets and debts acquired during the marriage are generally considered owned jointly by both spouses. Many people assume that means everything is divided equally. </span>

<span style="font-weight: 400">In reality, courts strive for a division that is</span><a href="https://app.leg.wa.gov/rcw/default.aspx?cite=26.09.080" target="_blank" rel="noopener noreferrer" data-wpel-link="external"> <span style="font-weight: 400">just and equitable</span></a><span style="font-weight: 400"> based on each case’s circumstances. Careful evaluation of the couple’s entire financial picture requires the court to consider factors such as the nature of the property, the length of the marriage and each spouse’s financial situation after the divorce.</span>

<span style="font-weight: 400">One of the biggest challenges is identifying which assets are considered community property and which remain separate property.</span>

<span style="font-weight: 400">Separate property typically includes assets that were owned before the marriage or acquired individually through gifts or inheritance. However, after many years together, those assets may become commingled with the marital finances.</span>

<span style="font-weight: 400">Long-term marriages frequently involve assets that are not easily valued or divided. Retirement accounts, vacation homes, investment portfolios, family businesses and professional practices may all require careful analysis that requires the services of business valuation experts, accountants or financial professionals.</span>

<span style="font-weight: 400">Retirement savings often take center stage as they represent a couple’s largest marital asset. Pensions, 401(k)s, IRAs and other retirement accounts accumulated over decades are often substantial, and dividing them requires careful planning to avoid unnecessary taxes and penalties.</span>

<span style="font-weight: 400">Because retirement is often approaching quickly or is already underway in long-term marriages, decisions made during the divorce can significantly impact each spouse’s financial security.</span>

<span style="font-weight: 400">The end of a</span><a href="/divorce-concerns/" target="_blank" rel="noopener" data-wpel-link="internal"> <span style="font-weight: 400">long-term marriage</span></a><span style="font-weight: 400"> is both a financial and emotional transition. Still, with the right legal guidance and careful planning, you can navigate the process with greater confidence.</span>]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Canfield Madow Law Group, PLLC</name>
				            </author>
            <title type="html"><![CDATA[What to consider if you plan to keep your home post-divorce]]></title>
            <link rel="alternate" type="text/html" href="https://www.canfieldmadow.com/blog/2026/07/what-to-consider-if-you-plan-to-keep-your-home-post-divorce/" />
            <id>https://www.canfieldmadow.com/?p=50822</id>
            <updated>2026-07-12T13:45:33Z</updated>
            <published>2026-07-12T13:45:33Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Your family home is likely one of the most valuable assets you’ll need to address in your divorce. Many divorcing couples who own their home jointly have no realistic option financially other than to sell their home and divide the proceeds. If, however, you believe you can afford to buy out your soon-to-be ex’s share of the home (or give…]]></summary>
			                <content type="html" xml:base="https://www.canfieldmadow.com/blog/2026/07/what-to-consider-if-you-plan-to-keep-your-home-post-divorce/"><![CDATA[Your family home is likely one of the most valuable assets you’ll need to address in your divorce. Many divorcing couples who own their home jointly have no realistic option financially other than to sell their home and divide the proceeds.

If, however, you believe you can afford to buy out your soon-to-be ex’s share of the home (or give them something of equivalent value) and continue to live there, it’s critical to determine whether owning the home yourself is going to be feasible moving forward.
<h2>Getting an accurate valuation</h2>
First, you’ll need to know the home’s current market value. This should be determined by a professional whose assessment you can both accept. If home values are in flux in your area, this can make getting an accurate valuation you can both agree on challenging.

If you have a mortgage, you’ll likely need to refinance that solely in your name. You’ll want to be sure you can qualify on your own.
<h2>Ensuring that you can afford to maintain it</h2>
Even if you can <a href="https://goodmenproject.com/divorce/dividing-the-family-home-in-divorce-equity-buyouts-and-what-couples-regret/" target="_blank" rel="noopener noreferrer" data-wpel-link="external">afford to keep the home</a>, it’s crucial to make sure you can also afford to maintain it. That means factoring in expenses like insurance, property taxes and homeowners’ association (HOA) dues in addition to monthly utility and other costs.

If there are things that your spouse took care of, you may have to hire professionals to do them. This could be anything from lawn and pool maintenance to cleaning and more. It’s important to factor in those costs.

Finally, you’ll want to look at how keeping the home fits into your larger <a href="/dividing-significant-assets/" target="_blank" rel="noopener" data-wpel-link="internal">property division settlement</a>. Are you giving your spouse other assets in return for the home that you’ll need to spend money to replace, for example, or giving up a large share of your retirement or investment assets?

There are many good reasons to want to keep your family home when your marriage ends. Maybe you put a lot of work into it over the years. Perhaps you’ve become an integral part of the community. Maybe the home simply has a lot of sentimental value.

When making this decision, it’s critical to have sound legal guidance. It’s also wise to consult with financial, tax and real estate professionals. This can help you make the best decision for your future uniquely.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Canfield Madow Law Group, PLLC</name>
				            </author>
            <title type="html"><![CDATA[Why business valuation matters in a high-asset divorce]]></title>
            <link rel="alternate" type="text/html" href="https://www.canfieldmadow.com/blog/2026/07/why-business-valuation-matters-in-a-high-asset-divorce/" />
            <id>https://www.canfieldmadow.com/?p=50820</id>
            <updated>2026-07-01T23:00:25Z</updated>
            <published>2026-07-01T23:00:25Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[If you or your spouse owns a business, its value can significantly affect the outcome of a high-asset divorce. Whether the business is marital property or separate property, determining its fair value often plays a central role in negotiating or litigating property division. A thorough business valuation helps ensure that both spouses receive a fair outcome and reduces the risk…]]></summary>
			                <content type="html" xml:base="https://www.canfieldmadow.com/blog/2026/07/why-business-valuation-matters-in-a-high-asset-divorce/"><![CDATA[If you or your spouse owns a business, its value can significantly affect the outcome of a high-asset divorce. Whether the business is marital property or separate property, <a href="https://www.investopedia.com/terms/f/fairmarketvalue.asp" target="_blank" rel="noopener noreferrer" data-wpel-link="external">determining its fair value</a> often plays a central role in negotiating or litigating property division.

A thorough business valuation helps ensure that both spouses receive a fair outcome and reduces the risk of costly disputes.
<h2>Why business valuation is necessary</h2>
Before a court or the parties can divide property fairly, they must understand what the business is worth. An accurate valuation establishes the company's reasonable value and helps determine whether all or part of the business belongs in the marital estate.

Even if only one spouse operates the business, the other spouse may have a claim to a portion of its value if the business grew during the marriage or if marital assets contributed to its success.
<h2>How professionals value a business</h2>
Business valuation requires more than reviewing financial statements. Valuation professionals often analyze several factors, including:
<ul>
 	<li>The company's assets and liabilities</li>
 	<li>Revenue, profits and cash flow</li>
 	<li>The business's earning potential</li>
 	<li>Industry conditions and market trends</li>
 	<li>Goodwill and intangible assets</li>
 	<li>Existing debts and financial obligations</li>
</ul>
Depending on the business, experts may use different valuation methods to reach a reliable estimate of its value.
<h2>Why valuation disputes arise</h2>
Business owners and their spouses often disagree about what a company is worth. Disputes may involve:
<ul>
 	<li>Whether the business qualifies as marital or separate property</li>
 	<li>The appropriate valuation method</li>
 	<li>Hidden income or undisclosed assets</li>
 	<li>The value of goodwill</li>
 	<li>Future earning potential</li>
</ul>
Because these issues can affect the property division, both parties often rely on financial experts to support their positions.
<h2>How business valuation affects property division</h2>
A business owner does not always have to sell the company during a divorce. Instead, the valuation helps the parties or the court determine how to divide the marital estate fairly. Depending on the circumstances, one spouse may keep the business while the other receives different assets of comparable value or a financial offset.

A reliable valuation also helps facilitate settlement negotiations by giving both spouses a realistic understanding of the business's worth.
<h2>Why legal guidance matters</h2>
High-asset divorces involving business ownership require careful financial analysis and strategic legal planning. Even small disagreements about valuation can lead to significant differences in the final property division.

<a href="/contact/" target="_blank" rel="noopener" data-wpel-link="internal">An experienced family law attorney</a> can work with qualified valuation professionals, protect your financial interests and advocate for a fair resolution. If your divorce involves a privately owned business, obtaining an accurate valuation is one of the most important steps you can take to safeguard your future.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Canfield Madow Law Group, PLLC</name>
				            </author>
            <title type="html"><![CDATA[What are good-faith reasons for relocation?]]></title>
            <link rel="alternate" type="text/html" href="https://www.canfieldmadow.com/blog/2026/07/what-are-good-faith-reasons-for-relocation/" />
            <id>https://www.canfieldmadow.com/?p=50819</id>
            <updated>2026-07-01T12:59:48Z</updated>
            <published>2026-07-01T12:59:48Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Relocation can be a bit complex for divorced parents who share child custody rights. When they both have joint physical custody rights, moving with the children could violate the custody order. If one parent moves two hours away, for example, it may become impossible to make exchanges on the schedule that was established by the court. As such, parents often…]]></summary>
			                <content type="html" xml:base="https://www.canfieldmadow.com/blog/2026/07/what-are-good-faith-reasons-for-relocation/"><![CDATA[<span style="font-weight: 400">Relocation can be a bit complex for divorced parents who share child custody rights. When they both have joint physical custody rights, moving with the children could violate the custody order. If one parent moves two hours away, for example, it may become impossible to make exchanges on the schedule that was established by the court.</span>

<span style="font-weight: 400">As such, parents often have to seek a </span><a href="https://www.findlaw.com/family/child-custody/child-custody-relocation-laws.html" target="_blank" rel="noopener noreferrer" data-wpel-link="external"><span style="font-weight: 400">modification of the custody order</span></a><span style="font-weight: 400"> so that they can relocate. Part of the process may be providing good-faith reasons or justification for the move. Examples include moving closer to extended family members, looking for affordable housing, going to college or taking a new job offer.</span>
<h2><span style="font-weight: 400">Why are these sometimes required?</span></h2>
<span style="font-weight: 400">The court may ask for these reasons when deciding if it should approve the modification. The goal is simply to determine if the parent who wants to relocate has a valid reason for moving and is trying to improve their life and, by association, the child's life.</span>

<span style="font-weight: 400">After all, some parents try to relocate in an effort to keep the other parent from seeing the children. But if the court has already ordered that the two have to share custody, that would mean that the parent is only doing so to try to infringe on those custody rights. If the court believes that is the parent's only goal, it is unlikely to approve the necessary modification.</span>

<span style="font-weight: 400">Complications like this can sometimes lead to disputes between parents or accusations that one person has intentionally violated the custody order. When these types of disputes arise, parents must be well aware of their </span><a href="/parenting-issues/" target="_blank" rel="noopener" data-wpel-link="internal"><span style="font-weight: 400">legal options</span></a><span style="font-weight: 400">.</span>

&nbsp;]]></content>
						        </entry>
	</feed>