Does spousal support take into consideration the assets of both spouses?

Yes, spousal support law in Washington does take into consideration the assets of both spouses. This includes both income and assets, such as savings, investments, and pensions. When establishing spousal support, the court considers a variety of factors to assess an appropriate amount. These include each spouses’ income and assets, the parties’ living expenses, the earning capacity of each spouse, the contributions of each spouse throughout the marriage, and the length of the marriage. In cases where both spouses have assets, the court looks at the overall assets of both parties in order to determine the amount of spousal support. This means that the court considers the amount and type of assets held by each spouse. For example, if one spouse has significant assets and the other spouse has fewer assets, the court may award a higher amount of spousal support to the spouse with fewer assets. The court also considers the extent to which each spouse has used the assets throughout the marriage, such as whether one spouse has used the assets to pay for household expenses or to make investments. The court also looks at whether one spouse has squandered marital assets since the breakup. Ultimately, the court takes into consideration both spouses’ assets when determining spousal support. It is important to remember that the court’s decision is based on a variety of factors and is ultimately determined on a case-by-case basis.

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Does spousal support take into consideration the assets of both spouses?

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