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How To Protect Your Assets In A Divorce?

You took the plunge again. After your first marriage ended, you thought this time would be different. After all, you know more about what you want, and more importantly, what you dont want, in a partner. Wiser and more confident, you stepped up to the altar and took those vows again. Except now, things have fallen apart. Amid a second divorce, you may have questions about protecting the assets you acquired from the first marriage. If you or someone you know needs a divorce attorney in Westlake Village, California, contact the Law Offices of Stephanie Mahdavi today. Protect yourself and the life you will built. They will help resolve the divorce proceedings with your livelihood intact.

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How To Protect Your Assets In A Divorce?

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  1. You took the plunge again. After your first marriage ended, you thought this time will be different. After all, you know more about what you want, and more importantly, what you don’t want, in a partner. Wiser and more confident, you stepped up to the altar and took those vows again.

  2. Except now, things have fallen apart. Amid a second divorce, you may have questions about protecting the assets you acquired from the first marriage. At the Law Offices of Stephanie Mahdavi, they understand the impact divorce has on complicated assets. You need an attorney to represent your best interests. If you or someone you know needs a divorce attorney in Westlake Village, California, contact the Law Offices of Stephanie Mahdavi today. Protect yourself and the life you’ve built.

  3. How A No-Fault State Affects A High Asset Divorce? All cars, boats, motorcycles, and other motorized vehicles All bank accounts and safety deposit boxes Pension plans, 401(k) plans, Life insurance, stocks, and bonds 4

  4. Everything within the house, including furniture, designer clothes, handbags, and antiques The house you share, any vacation homes, timeshares, or land. Any businesses or patents

  5. During a high asset divorce, the equitable division can get complicated. If you have assets from a previous marriage or an inheritance, you may wonder how you can protect yourself and safeguard your future. Contacting the highly sought divorce attorneys at the Law Offices of Stephanie Mahdavi will protect you and your assets. They will help resolve the divorce proceedings with your livelihood intact.

  6. How Do You Prove The Assets Are Separate From Your Shared Assets? If the marriage is over, it’s time to consider your exit strategy. Per California law, the marital estate will be divided equally. If you have assets before the marriage, either from inheritance or a previous marriage, the division of the marital estate can be categorized as communal property and separate property.

  7. To claim your assets are separate from the marital estate, you will need documentation. The burden of proof falls on you to secure your assets. Suppose you cannot prove the assets were from the previous marriage or otherwise acquired before your recent marriage. In that case, they will be considered a part of the marital estate and divided equally. If the proof isn’t easily obtained, a tracing expert may need to be brought in to forensically detail when and how the asset was required.

  8. When you need a divorce attorney in Westlake Village, California, you need the highly sought attorneys at The Law Offices of Stephanie Mahdavi. Contact them for a free consultation of your case calling at 805-379-4550.

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