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Prove Assets Are Pre-Marital One way to protect family and generational assets during a divorce is to prove that those assets are pre-marital. Keep records of all separate property before the marriage. Also consider maintaining separate bank accounts for any pre-marital funds and current income. Ensure that you are following all laws under the Internal Revenue Service. Keeping pre-marital assets in the original name only, unless shared with siblings or other family, is another option. […]

The process of dividing up marital assets can be complicated and lead to disagreements between the divorcing couple. It is important to understand how marital property is divided in a divorce, as well as the legalities surrounding spending your shared assets during the divorce process. Every divorce will have unique circumstances, and it is important to ensure your legal and financial rights remain protected. Contact the experienced divorce attorneys at Simpson Legal Group at 712-256-9899 […]