How can I protect my assets from divorce?

In the District of Columbia, there are a few ways to protect your assets from divorce. The first is to create a prenuptial or postnuptial agreement before getting married. This document, which is created by an attorney, will outline each person’s assets and what should happen to them in the event of a divorce. Secondly, you can keep your assets in individual accounts during the marriage to ensure that they are not commingled with your spouse’s assets. This can be done by opening accounts in your own name or in a trust. Additionally, you can protect your assets from creditors by setting up a limited liability company or setting up an asset protection trust. Lastly, you should ensure that any property you acquire during the marriage is in your own name. Doing so will ensure that it is not considered marital property and will not be subject to division during a divorce. By following these steps, you can protect your assets from divorce in the District of Columbia. It is important to note that this is only a general overview and you should consult an attorney to obtain more detailed advice on how to protect your assets. Additionally, asset protection laws may vary from state to state, so it is important to make sure you are following the applicable laws in your area.

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How can I protect my assets from divorce?

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