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A divorce for athletes in Bellevue presents unique challenges. Whether you are a pro, former, or semi-pro athlete, your finances, career, and reputation all need special attention. Dividing high-value assets, managing an unpredictable income, and keeping your private life out of the spotlight require careful handling at every step.
At Seattle Divorce Lawyers – Twyford Law, we understand the serious challenges associated with separating from your spouse. Our high-asset divorce attorneys take a comprehensive approach that addresses both the overall strategy and the finer details to help you achieve your desired outcome. Our goal is to make the process as smooth as possible so that you can move forward knowing we are protecting your best interests.
Athletes typically have a different earning structure than the average person. Rather than receiving a steady paycheck, an athlete’s income may come from multiple sources, such as:
This makes dividing assets, calculating spousal support, and resolving any financial matters even more complicated.
The reality is that an athlete’s career may not last beyond a few years, given the sport, and that may influence their decision when filing for divorce in Bellevue. At Seattle Divorce Lawyers – Twyford Law, our attorneys fully understand the complexities associated with these types of divorces and the need for discretion.
Washington is a community property state. This means that most of the assets you acquired during your marriage are subject to an equitable split, which does not necessarily mean a 50/50 split. When dealing with careers in sports, dividing assets equitably is not always simple. For example, if you signed a sports contract, earned an endorsement deal, or made investments before the marriage, those earnings could be separate property. They would not be part of your separation settlement.
However, future earnings from business deals made while married, such as royalties, may be split between spouses. In addition, many athletes delve into the world of business, opening restaurants, bars, or gyms. The assets from these businesses would likely be a consideration when dividing property for athletes going through a divorce in Bellevue.
Spousal support (alimony) arrangements should be carefully negotiated. This is especially true since your earnings may vary widely throughout your lifetime.
For alimony determinations during a Bellevue divorce, a skilled lawyer may factor in the length of your marriage, the earning capacity of both parties, the path of your athletic career, and potential future earning opportunities. Additionally, any prenuptial or postnuptial agreement that you have entered into may be considered.
If children are part of the relationship, there should be a fair calculation for child support. You should ensure that the calculation reflects your earning potential and the financial needs of your children.
If you are facing divorce proceedings as an athlete in Bellevue, an experienced attorney could help design parenting plans that will foster strong relationships between you and your children, even if your career requires frequent travel.
At Seattle Divorce Lawyers – Twyford Law, we understand the complexities involved in navigating divorce for athletes in Bellevue. We will fight aggressively for you so that you may navigate the process with confidence.
Your income, assets, future earnings, and reputation need protection. Whether you are negotiating spousal support, dividing business interests, or safeguarding your privacy, having an experienced team by your side could be crucial.
Contact Seattle Divorce Lawyers – Twyford Law today to schedule a consultation and get the personalized legal support you deserve.
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