While there are many things that will be swimming through your mind when it comes to filing for a divorce, the most important thing to consider will be what actions you need to take in order to protect yourself, and your children. Protecting your rights and your most important assets during the divorce proceedings can be difficult for those who are unfamiliar with how divorces and the court process work. A mistake made by many people during their divorce is trying to hide their assets, instead of coming up with a strong argument for why they belong to them. Hiding assets more often than not is unsuccessful, and by trying to hide them from Texas courts, you are putting yourself at higher risk for losing them due to your dishonest actions. Working with an experienced divorce attorney, such as those at Renken Law Firm, can help you to protect yourself so that you can go on living your life. Contact us today to learn more about how we can help you during your divorce process and get you the results you are looking for.
Listed below are some of the best ways you can protect your assets and rights:
Coming Clean About Your Assets: While it may not seem like the best choice in the moment, the smartest way to protect your assets is to be completely transparent about them with your divorce attorney. Whenever you are up front and honest, you are giving your attorney the ability to properly negotiate the terms of your assets in the divorce. Protect the assets you wish to retain and prevent yourself from being faced with any legal consequences that come along with hiding your assets during a divorce. The legal team at Renken Law Firm is here to help you get actions today.
Prenuptial and Postnuptial Agreements: The best line of defense you have when it comes to protecting the assets you got during or before your marriage, is by having a clear and comprehensive prenuptial agreement. However, if it is too late for this, you and your partner can choose to work together and find a postnuptial agreement that fits your specific needs. A postnuptial agreement can be thrown out in court, if the judge has suspicions that the only reason you made the agreement is because you were planning to file for divorce. Working with an attorney during this process is the safest way to ensure you are doing everything properly and without violation.
Keeping Your Finances Separate: Whenever you receive an inheritance or other large sum of money- you can protect this money by putting it into your own, personal account. There may be specific protections you have to put on this money in order for your money to be safe during a divorce. Talking to an accountant about these factors can help you to keep your money separate and protected.
Renken Law Firm is here to help couples who wish to dissolve their marriage, whether that be through divorce or legal separation. We are here to help those who are ending marriages that have been contested, uncontested, or collaborative. We are fully prepared to help you navigate the specifics of your case. All marriages are different, making each divorce equally unique with its own set of needs that must be addressed. Contact our law office to explore your options moving forward, and find out how we can help you.
Renken Law Firm, PLLC
11500 Northwest Fwy #618
Houston, TX 77092