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Tag Archives: Child Visitation

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Divorce 101 – How to Protect Your Legal Rights and Financial Interests

April 5, 2023May 4, 2023 adminFamily LawTagged Alimony and Spousal Support, Child Custody, Child Support, Child Visitation, Division of Assets & Debts, Divorce Attorneys, Domestic Violence, Father's Rights, High Asset / High Profile Divorce, Parental & Child Relocation Lawyer, Prenuptial or Premarital AgreementsLeave a Comment on Divorce 101 – How to Protect Your Legal Rights and Financial Interests

Divorce is an emotional and financial drain on many people, and there are certain steps you can take to help protect yourself during the process. These steps can make the process less stressful, and help ensure that you receive the full settlement that you deserve.

1. Protect Your Legal Rights

One of the most important things you can do is to understand your legal rights during divorce. This includes your right to a fair division of assets, custody of children, child support payments and spousal support.

Once you know what your legal rights are, it is vital that you work with a Miami divorce attorney to protect them. Your lawyer can help you navigate these complicated issues and ensure that you receive the full settlement that you are entitled to.

2. Protect Your Financial Interests

If you are about to file for a divorce, it is essential that you begin the process by gathering all of your financial information and documents. This includes bank and credit card statements, mortgages, investments, retirement accounts, tax returns and any other important documentation that is related to your finances.

3. Get a Good Attorney

In addition to hiring an experienced divorce attorney, it is also important that you take the time to get to know a good forensic accountant. These professionals can analyze your finances and look for any hidden assets that you might not have realized you had.

4. Prenuptial or Postnuptial Agreement

If you have a prenuptial or postnuptial agreement, it is crucial that you review it and ensure that it still applies to your case.

These agreements can help you and your spouse to divide property more equitably, and they may be very helpful in the event that you need to divorce in the future.

5. Prepare for a Divorce Plan

If you have kids, it is important to create a child custody and visitation plan. This can be a difficult and emotional task, but if you are able to do it ahead of time, it will be much easier for everyone involved.

6. Make Your Money Last through Divorce

As a general rule, it is best to have at least some of your money set aside in savings accounts before filing for a divorce. Then, if your marriage ends, you can draw on these funds for any emergencies that may arise.

7. Put some of your marital assets in a trust to help them last through the divorce.

A trust can be very helpful in preserving your assets, especially if you have children. The trust can keep your assets from being part of the divorce and ensure that you can provide for your children without the burden of financial debt.

8. Protect Your Financial Interests Through Mediation

Taking the time to settle your divorce through mediation can save you both a lot of money and stress. A divorce mediator is an impartial third party who helps negotiate conflict and reach a settlement that works for both parties.

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