The dissolution of a marriage is not an easy process no matter how amicably it may start out. Aside from the children, one of the biggest sources of conflict during divorce is the couple’s finances. A couple of tips may help those going through divorce in Pennsylvania to protect themselves financially before the divorce process even begins.
First, getting a post office box may be a smart move before beginning a divorce proceeding. This may help to prevent anything related to one’s desire to get a divorce from reaching the marital home’s mailbox, where the other party can intercept it. A post office box can ultimately protect one’s privacy and ensure that the other party does not get his or her hands on essential documents.
In addition, documenting existing marital assets is critical before moving forward with a divorce proceeding. This is especially important for attaining evidence of cash sources and valuables. These include, for example, a costly Grandfather clock purchased during a German vacation. Making copies of investment account and bank statements is also important.
Once the divorce papers have been filed, the easiest way of navigating the divorce is to proceed with mediation or negotiation, which is generally less hostile than traditional divorce litigation. During these alternatives to litigation, the two parties can strive to find common ground when it comes to matters such as the division of their property as well as alimony. An attorney in Pennsylvania can provide the direction needed to ensure that one’s rights and best interests are protected from start to finish.
Source: goodmenproject.com, “11 Tips For Protecting YOUR Assets During Divorce –“, April 18, 2018
