Margaret Gettle Washburn, P.C.
(770) 676-1191
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Protect your assets and yourself in your divorce

If you are getting divorced, one of your main concerns likely has something to do with financial stability once you are no longer married. Assets and money can take on a whole new level of importance once they are going to be divided, so they are often at the center of any divorce.

Because of this, many people are tempted to hide assets in an attempt to shield them from the divorce process. They believe that if they can stash some money or keep properties and bank accounts secret, they can keep that all for themselves. Not only is this dishonest, it is also illegal. If you are concerned that your soon-to-be ex is hiding assets, you need to be aware of what you can do to protect yourself and your divorce settlement.

To begin with, you will need to familiarize yourself with your marital assets. As explained in this article on The Huffington Post, you should make sure you have information about all paychecks and other income and where it is kept, track down tax return from previous years and collect bills like mortgage payments and utilities.

You should also take some time to review the properties owned by you and/or your spouse. This can include houses, investments, real estate, cars and jewelry, as well as the bank accounts used to pay for all of them. 

Gathering this information can be difficult and time-intensive which is why many people work with their attorney as well as a forensic accountant to investigate all the financial data that can and should be disclosed during a divorce. With accurate and complete information, the process of dividing assets fairly and in accordance with Georgia laws can proceed.

If you have questions or concerns about hidden assets or the rules of property division, you can discuss them with an attorney who can help you understand the process as well how you can protect your rights.

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Margaret Gettle Washburn, P.C.
4799 Sugarloaf Pkwy
Building J
Lawrenceville, GA 30044

Phone: 770-676-1191
Fax: 770-963-2828
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