You will want to take some steps to protect your assets if you are filing for divorce in California. Thankfully, California supports community properly law, which means that you can expect to maintain any of the assets that you brought into the marriage. It is important to consult with your California divorce attorney so that you can be guided through the process of dividing property during a divorce. Follow these ten tips to be best prepared to protect your assets during your divorce.
Take an inventory of all of your assets. List and take pictures of any items that were specifically given to you or bought by you. Move these items to a secure place since it may be challenging to get them back if you leave your home.
Try to gather verification that your belongings are actually yours. Gather receipts, and you can ask your friends or family members for written proof regarding gifts.
Be sure to obtain the important records, such as the titles, for any large assets that you retain after the divorce.
You should know that the law is on your side when it comes to obtaining your property once you have moved out of your home. You can even hire a locksmith to get you inside of your home if your spouse has changed the locks.
If you have shared assets, you should hire an appraiser to ensure that you or your spouse receive the proper compensation. Your California divorce attorney can recommend fair appraisers.
It is also important to take pictures of any joint property, and take any of the items that you don’t want to try to replace.
You should be mindful that your spouse has the same rights as you when it comes to shared property.
An important step is to have a few copies of all of your essential documents before you leave your home, such as your tax returns and bank account statements.
Do not make any changes to your billing practices once you separate to avoid scrutiny.
Obtain the business records from a shared business so that you can determine the amount of interest that you should receive.