How do I protect my assets in a collaborative divorce?

In North Carolina, there are ways to protect your assets in a collaborative divorce. The most important step is to get the advice of an experienced attorney who is knowledgeable in collaborative divorce law. This type of attorney can help ensure that assets are adequately protected. The second step is to be aware of the North Carolina marital property laws. These laws dictate how property is to be divided during the divorce. An experienced attorney can provide guidance and advise on the best way to protect your assets. The third step is to make sure all assets are disclosed. This means you should provide a list of all your assets and debts, so the court can determine what is marital property and what is separate property. In addition, both parties should provide updated financial status reports to ensure both parties are accurately informed. The fourth step is to consider a prenuptial or postnuptial agreement. This type of agreement outlines the terms of the divorce and can be used to protect certain assets and keep them separate in the event of a divorce. Finally, make sure to keep accurate record of all assets. This includes not only financial but physical assets such as furniture, artwork, and jewelry. Knowing what you own and having proof can help ensure that all assets are accurately accounted for and in the event of a divorce, you are able to protect those assets.

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How do I protect my assets in a collaborative divorce?

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