DIVORCE AND VEHICLE OWNERSHIP
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Be Driven to Get a Seattle Family Law Attorney
When you and your partner are going through a divorce, emotions can either
run low or high.
In the event they are in the latter category, things can get a little
out of hand at times. In fact, you could say they may even get overheated.
For those couples wondering about who gets to keep the family vehicles,
the answer is not always as clear-cut as one might think.
If you both have your own vehicles, something that one or both could
argue is the case, things tend to drive forward more smoothly. In the
event, however, that you bought one or both vehicles together, then they
fall under the classification of community property. In those cases, coming
to a quick resolution of who gets which vehicle etc. can get stuck in
neutral.
Family Law Attorney Can Assist in Determining Vehicle Ownership Rights
By reaching out to a family
law attorney in Seattle, things oftentimes can be more easily hammered
out.
In working with a Seattle
family law attorney, you are able to break down which individual truly
should get primary ownership of each vehicle when you are officially calling
it quits.
Among the areas of discussion:
- Community property – Any purchases (such as cars and/or trucks) made
following the marriage date and prior to a separation and/or divorce
is looked upon as community property. As a result, they will typically
be split evenly at the time of a divorce;
- Value of vehicle or vehicles couples own – Although the court will
usually split the assets a couple has right down the middle, keep in
mind that the fair market value of the vehicle/s involved will be discussed.
Each of the parties would be eligible for 50 percent of the value of
the car or truck. The best-case scenario is for the individual maintaining
the vehicle to offer and buy out his or her soon-to-be ex-partner’s
share of the vehicle. In doing so, he or she will then have full ownership
of the vehicle;
- New vehicle purchase – Lastly, in the event one or both of you were
considering buying a new car or truck, hold off until after your divorce
is official. This is especially true for the party who might be claiming
that the pending divorce will leave them in a financial bind. Most courts
will not look all that kindly on one of the individuals buying an expensive
new vehicle while the divorce is still unfolding.
With a family
law attorney in your corner, you are better suited to drive off with
the best possible outcome.