Asset Protection During Divorce
Divorce Help from Our St. Augustine Divorce Lawyers
Whether you have planned for your divorce or if you were served a divorce petition from your current spouse, there is time for you to take steps to protect your assets. During most divorce proceedings, the court will decide how to divide up marital property, and it aims to do it as evenly as possible. If you have contributed considerably more financially to your marriage than your spouse, this could result in an unequitable distribution.
Come to Taylor & Waldrop Attorneys and ask us about what asset protection strategies could work for you. When you have us in your corner, you know that your rights as a divorcing spouse will be respected at all times.
Compassionate and knowledgeable help is just a phone call away – (904) 204-6499.
Ways to Protect and Keep Your Assets
A successful asset protection plan is thorough and informative. You need to know as much as you possibly can about your own finances, property, and estate. By collecting and reviewing relevant data, we can use that information to show the divorce court that items valuable to you should be kept by you, not divided down the middle.
A few steps and strategies that may help your case include:
- Verify if any prenuptial or postnuptial agreements exist.
- Check financial history for at least the last 3 years.
- Copy all records—taxes, 401(k), investment accounts, etc.
- Catalogue all valuable assets—vehicles, heirlooms, inheritance, etc.
Many divorcing couples also forget that asset protection goes beyond divorce and family law disputes. If you have named your spouse in your will or trust as a beneficiary, you may have to modify your estate plan accordingly.
Work with Our St. Augustine Divorce Attorneys
It is important to realize that protecting your assets during and after a divorce is not necessarily a process that is set in stone. The professionals at Taylor & Waldrop Attorneys are adaptive and familiar with all relevant laws and procedures to work towards the fairest resolution. The firm serves all of St. Johns County.
Contact us today to set up a competitively priced initial consultation.
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Take the First Step to Protect Your Future. Call (904) 204-6499