How To Protect Your Assets During A Divorce

Most people, when considering a divorce, fail to realize that they must take certain actions to protect their martial assets. Divorcing couples usually enter into a divorce hoping for the best and believing that their spouse will act fairly. Often this is not the case and you may find out too late that your soon to be ex has put your martial assets in jeopardy.

There are things you can do to minimize the risk. One of those things is to put a lien on any martial property you may own. This will prevent your ex from trying to refinance the home or even sell it. This is especially important if your name is not on the deed or mortgage.

Once a divorce is filed a judge will usually order that no martial assets be dissipated, meaning sold or disposed of. But even with this order, spouses have been known to violate it and sell cars, jewelery and other assets. I know of a woman whose husband emptied their daughter's college fund to pay his lawyers. Protect yourself and your assets. Think smart and consult with your divorce attorney about ways you can protect the martial assets during your divorce.