Protecting And Preserving Your Assets In Divorce

During a divorce, significant assets are often at stake. Homes, real estate, investments, stock portfolios, retirement assets and expensive household furnishings all must be divided. The outcome of the property division process can greatly impact each spouse's financial health for years to come.

At Porcello Law Offices, we do everything in our power to protect our clients' financial health during the divorce process, preserve their assets and help them move forward with financial security. Our lawyers have provided trustworthy, effective legal representation to clients across Massachusetts using their combined more than 50 years of legal experience.

Leave Your Marriage With Financial Security

While the law often calls for a 50-50 division of property in a divorce, that does not mean every asset is divided equally between the spouses. Instead, creative property division techniques can be used to preserve assets and prevent the liquidation of businesses while still providing a fair division to both parties.

At Porcello Law Offices, we have one goal: protecting our clients' assets. Our lawyers are aggressive in the courtroom and during negotiations with opposing counsel. Clients turn to us because they know we are experienced, skilled and dedicated to getting results.

One of the most important steps in the asset protection process is classifying assets as marital or separate. While marital assets get divided equally between the spouses, separate assets stay off the bargaining table. We trace every asset to determine whether it is our client's separate property or part of the marital estate. If an asset belongs to our client alone, we will work carve it away from the marital estate to ensure that it is not subject to division.

Uncovering 'Hidden' Assets

During the time leading up to a divorce, some spouses may engage in underhanded business transactions in an attempt to hide assets or reduce the value of the family business. At Porcello Law Offices, we thoroughly examine the business's books, earnings statements, bank accounts and tax documents to ensure that the true value of the business is uncovered.

Prenuptial agreements also dictate how property is divided. Our attorneys negotiate, draft and review prenuptial and postnuptial agreements to ensure that our clients' financial interests are protected in the event of divorce.

To arrange a complimentary consultation, contact us at 978-745-5553 or 888-725-2534. We have offices in Salem and Gloucester.