Lorne MacLean, Vancouver BC Family Law Lawyer, at the MacLean Family Law Group is delighted to announce Smart BC Divorce Tips # 3 is now available at our youtube channel called Protect Yourself at All Times-Winning the Financial Aspects of your Divorce and Family Law Case has just been released to positive reviews. These tips are critical if you are involved in a BC Divorce, BC Child custody, BC Child Support, BC Spousal Support and BC Family Asset Division case.
Step 1 – Obtain Proof of all assets and Debts and All Income and Expenses
Copy tax returns, credit card statements, bills, business information and anything that might help you determine how much money you will need to live on and what marital assets you are entitled to. Go through the garbage or install spyware on a computer, if necessary. Tax returns don’t always show the real income to be used for your case so make copies of all company financial documents as well. Store these documents away from the Home and redirect your sensitive mail to a safe location.
Protect Your Money and Assets
Take half of the money from a joint account, and put it in your own name. If your spouse tries to clean out the account, you won’t be able to access that money until a judge says so. This way, you will have access to money, but make sure that you keep a record of how you spend it and this is not an excuse to try to get rid of or hide assets, so act honestly. Consider a restraining order to freeze assets, closing joint credit card accounts and lines of credit to prevent them being run up by your soon to be ex-spouse.
Be Patient
With joint marital assets like homes and stocks probably worth much less than they were a few years ago, some couples are agreeing to stay together until the financial tide turns. If a moneyed husband pushes for divorce because the economy makes it less expensive for him to cash out now, press him for an upside by asking for a bonus for giving up access to a potential gain or by remaining in as a joint owner of the asset.
Lorne MacLean High Net Worth Divorce Lawyer
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