How A Lawyer Can Help Protect Your Assets During A Divorce

A lawyer plays a pivotal role during divorce. A good lawyer will not only help you with legal matters but will also advise you to take the right steps. If you are going through a divorce, then the first thing to do would be to find yourself a good divorce lawyer. One of the important things during a divorce is property and asset division. The opposition can rip you off your hard-earned assets if you are not backed by a good and talented lawyer.

The role of an experienced divorce lawyer goes well beyond just helping you with the legal matters in a divorce. A good divorce lawyer creates a plan of action that will help protect your assets as much as possible. A lawyer can not only help you manage your assets but can also suggest you to take certain prevention from future losses.

When are attorneys useful?

When you are going through a divorce, you will under a lot of emotional and psychological stress. It becomes difficult to think logically about matters that concern your finances. In certain cases, your spouse might have already taken some of the property from the house. If this happens then your divorce lawyer will first tell you to make a list of all your property. Next, your divorce lawyer will make sure that the properties and expenses meet a fair market value. Additionally, you should also consider closing bank accounts and line of credits that were jointly owned by you and your spouse. Your divorce lawyer might also suggest you to ask for a restraining order from the court against your spouse regarding financial assets and properties.

Gathering key evidences

One of the jobs that divorce lawyers and attorneys are shouldered with is the task of collecting key evidences against property divisions. Divorce lawyers often suggest their clients to keep ample amount of proof regarding the total amount of property involved in the division. One of the techniques involves taking pictures and the other involves keeping multiple copies of bank statements. In any divorce proceedings, timely preparation is the key.

Conclusion

Divorce lawyers are very important during property divisions in a divorce and can help minimize the damage. Hiring a good lawyer will not only help you manage your assets but it will also help understand the rights during property division.

Getting divorced in California can be complicated.  Download our free eBook, 18 Important Things to Know About California Divorce to educate yourself on the process.  

Gerald A. Maggio is an experienced Orange County divorce and family law lawyer and family law attorney located in Irvine, California, serving the Orange County and Riverside areas. Mr. Maggio assists clients with legal issues including divorce, legal separation, divorce mediation, child custody, prenuptial agreements, stepparent adoptions, and other family law issues. Mr. Maggio has practiced law in California since 1999, and founded The Maggio Law Firm in 2005, focusing exclusively on divorce and family law matters.