Six Steps To Take Now If Considering A Divorce In San Jose
All marriages go through an occasional rough patch. However, when you have long-standing disputes or problems that are otherwise impossible to resolve, it may be time to consider the prospect of divorce.
Divorce is a life-changing event, and it is common to go back and forth about what you want. Provided you are not in any danger, take whatever time you need to make your decision. At the same time, our San Jose divorce lawyer recommends taking the following steps to protect yourself throughout the process:
- Make a list of all marital property and assets.
Marital property means anything earned, acquired, or otherwise accumulated during the marriage. Make a list of homes, vacation properties, vehicles, collectibles, artwork, household goods, and other items of value. Check bank accounts and list all investments, shares in businesses, retirement plans, and digital assets.
Under the California Family Code, all marital property and assets must be divided evenly between spouses in a divorce. However, circumstances surrounding your case may entitle you to a greater share.
- Closely monitor accounts.
When listing financial assets, get the most recent statements. In the weeks ahead, closely monitor these accounts and watch for large withdrawals. It is not uncommon for a spouse to sense their partner is considering divorce and to start draining assets to avoid dividing them in court.
- Pay off outstanding debts.
In addition to being a joint owner of all marital property and assets, you are also legally responsible for your share of marital debts. List all mortgages, car payments, personal loans, and credit card balances. Consider paying these off before a divorce rather than carrying marital debts into your new single life.
- Begin to reestablish your credit.
When married, your credit rating is closely tied to your spouse’s. Prior to a divorce, take steps to reestablish your individual credit. Open your own bank account, make routine deposits, and take out a credit card or small personal loan in your name alone. Paying individual debts back promptly can help boost your credit score.
- Give thought to how you will provide for yourself post-divorce.
How will you support yourself after your divorce is finalized? Will you need to drastically alter your current lifestyle? Do you need to gain certain skills to re-enter the workforce? In some cases, you may be entitled to alimony payments. If you have children, consider their financial needs, any parenting arrangements you may be willing to make, and the amount of child support you expect.
- Get legal help.
The breakup of a marriage involves making major life changes. To protect your best interests and your rights in the Santa Clara County Family Court, get our experienced San Jose divorce lawyer on your side.
Schedule A Confidential Consultation With Our San Jose Divorce Lawyer
If you are considering getting a divorce in San Jose, reach out and contact Argyris Mah, LLP to protect your rights. For caring support and trusted legal representation, schedule a confidential consultation with our San Jose divorce lawyer today.
Sources:
leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FAM§ionNum=760.
santaclara.courts.ca.gov/divisions/family-division
