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How You Can Protect Assets During Divorce

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Any legal matter involving the family can be complex and stressful, and a successful resolution comes from having the right information. At Petrelli Previtera, our blog aims to provide clients, colleagues, friends and family with tips and advice they can use in the real world, so they can live their best lives. As we help people navigate their current legal issues, we also encourage them to look ahead to their futures.

Death, divorce, bankruptcy – no one likes to think about these and other uncertain and unhappy events. But without careful planning for the future, your assets can fall into the wrong hands – leading to unintended beneficiaries, legal fees, probate costs, and more. It’s important to get your goals and wishes documented, so you have control of your assets no matter what happens.

Many people utilize the benefits of these estate planning options to protect assets during divorce:

  • Writing a will to outline what will happen to your children, your money, and your estate after you pass away.
  • Establishing a trust to ensure the assets you give your heirs are used for good purposes. When a trust is the right approach, it can offer unique tax advantages and be customized to meet the needs of its beneficiaries.
  • Creating a prenuptial agreement if you’re not married to your partner yet. This document outlines which property would be considered marital assets and which would be kept separate if you get divorced. A prenup can limit each spouse’s debt liability, protect inheritances, and do much more.

You work hard for the things you have. Talk to you lawyer about taking the extra step to document your wishes is smart planning. If you’re interested in discussing a customized approach for protecting your assets, we welcome you to give us a call and schedule an appointment with an estate planning attorney at our firm.

Client Testimonials

They are amazing! I highly recommend anyone that is in need of assistance with child support hearings to seek out the expertise and experience of this law firm and staff! They handled my case quickly and I feel that my money was put to good use. Much appreciated! Nothing less than five stars!

Alana Deverson

I just want to say GREAT JOB! She is a no nonsense professional with years of experience that qualifies her as a skilled Family Law attorney. She is seasoned, sensitive, and most of all she cares. She made things easy for me. Definitely recommend!

Kimberly Colby

Overall I was pleased with the results of my divorce case. The entire Petrelli Previtera team truly cares about their clients. Luckily for me, I was paired up with an amazing team helping all the way. If you happen to work with this firm and with the lawyers you’ll be in great hands. It was such an excellent service and it was beyond I expected.

A Family Law Client Chevy Chase , MD

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(610) 431-4012view details

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