Is Your Spouse Concealing Assets?

Is Your Spouse Concealing Assets?

Divorce
Part of a divorce is dividing all marital property and assets between the spouses. The first step is to inventory all your property and assets, so you and your attorney have an overview of what must be divided. Sometimes, a spouse will attempt to conceal certain assets to avoid having to divide them, and this can lead to serious issues in a divorce case. Some people do not have a complete idea of their marital finances. Perhaps your spouse always handled the financial affairs, or they opened accounts without your knowledge. You want an attorney who can uncover all information related to your marital assets to ensure you receive a fair result in your case. Some ways that spouses might hide assets include: Having secret individual financial or investment accountsUsing…
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What is Legal Separation?

What is Legal Separation?

Divorce
Whether you are married or in a domestic partnership, and whether you are looking for a long-term separation similar to divorce or a short-term separation period, legal separation might be an option for you. Legal separation functions much like a divorce, as it addresses important financial and child-related issues, but it does not legally end your marriage. Often, a legal separation is a temporary solution to a broader issue that may eventually require the initiation of divorce proceedings. Sometimes, spouses end up living separately indefinitely or withdrawing the separation order and moving back in together. No matter what your situation might be, a Manhattan Beach divorce attorney from Furubotten Law can help you determine what the best options are concerning your proposed separation agreement.  The Effect of Legal Separation There…
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