How To Protect Yourself Financially During A Divorce

How Can Our Nassau County Divorce Lawyer Help You? 

Divorces can be an unpleasant process for both you and your soon to be ex-spouse.  If you’ve exhausted all options of trying to save your marriage to no avail, finding a top-quality Nassau County divorce lawyer should be the next thing to do.  At Simonetti & Associates, our team has over 75 years of combined experience in serving the Long Island community.  When working with our team, you can rest assured that we’ll do our part to keep you financially protected during a divorce.

Sign a Prenup/Postnup

No one wants to enter into a marriage they suspect will end in divorce.  However, planning for this event ahead of time can help keep you financially secure.  Prenuptial and postnuptial agreements are documents that are signed before and after a marriage has taken place that dictate how assets will be divided up in the event of a divorce.  Simonetti & Associates can help any interested party create these documents to help stay protected.  However, there are still ways to protect yourself financially even if these agreements are not created.

Know Your Assets 

Having a firm understanding of all your assets will help keep them protected.  Before filing for a divorce, you need to know how much money you have, and where it is currently placed.  You should also be able to verify which assets are in both your and your spouse’s name.  Our Nassau County divorce lawyer will help with your ability to confirm any necessary information regarding assets such as:

  • Mortgages
  • Bank accounts
  • Investments
  • Additional assets accumulated during your marriage

Compile Documentation

In the digital age, it’s not uncommon for people to manage all of their assets electronically.  However, Simonetti & Associates warns that you must have all the crucial information in writing.  It is not out of the realm of possibility that a vindicate spouse locks you out of any joint accounts leaving you susceptible to suffering losses.  Having physical copies of the following will help prevent that from happening:

  • Bank account statements
  • Brokerage form statements
  • Tax forms

Secure Quality Representation With Our Nassau County Divorce Lawyer

Many variables can impact the outcome of finances in a divorce.  Having subpar representation can put you in a financial hole.  However, our Nassau County divorce lawyer will prevent that from happening.  To learn more about protecting yourself financially, and how our team at Simonetti & Associates can help with this, be sure to contact us today!

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