Asset Protection Planning
For anyone going through a divorce, the process is one of the most difficult experiences to go through. It can be overwhelming if you feel like you are going through the process alone. However, with the help of a lawyer you can obtain all the help that you need so that you can navigate your divorce efficiently; a lawyer can also help you protect your assets, as our own asset protection planning lawyers are familiar with. If you are a parent it is even more crucial to get personalized legal counsel so that you can make the best decisions for you and your family. Know some of the most important ways that a skilled divorce lawyer can help you as a parent navigating divorce.
Minimize your expenses
Divorce is far from cheap and straightforward. When you are reviewing all of your assets and financial information, you will want to have a divorce lawyer to guide you. They will review all of your paperwork to make sure that you’re not spending more than you need to. Often in divorce cases there may be parties that will try to make you pay more than you should. When you have a lawyer at your side, you can count on them to keep your expenses low so that you can preserve your wealth.
Distribute property fairly
One of the most difficult aspects of divorce is figuring out how to distribute property in a fair manner. States are divided into community property states and separate property states. The state that you are filing your divorce and will determine how your assets will be distributed between you and your spouse. Anything that you and your spouse brought during your marriage is considered community property,which is property that you and your spouse will equally share. Have a lawyer review your assets so they can determine ways to ensure you can protect your property.
Protect your parental rights
If you are a parent it is important to protect your legal rights. No matter what kind of custody you are seeking, whether it is so or joint custody, you will have to make decisions that are in your child or children’s best interests. While it is ultimately up to the court, a divorce lawyer can help you prepare by giving you the information you need to improve your argument to preserve custodial rights.
Understand alternatives to divorce
There are also alternatives to traditional divorce that you may want to consider. For instance arbitration and mediation are methods many couples going through divorce choose to do instead. Because they are much more cost-effective and they allow separating spouses to protect their privacy, they are an appealing choice. You can talk to a lawyer to see if they are a suitable decision for you.
According to a divorce lawyer from our friends at Kempen & Company, you should choose a lawyer to protect your rights as a parent going through divorce and minimizing your expenses. To learn more information about what a divorce order can do for you, you can request a confidential consultation right away.