Spouses should be truthful about their property and assets

Spouses should be truthful about their property and assets

There are many mistakes that spouses make during the divorce process because they are emotional about the marriage coming to an end. While it is understandable for both parties to be upset and feel angry toward one another, if they are hoping for the best outcome, they need to put their emotions aside and do what is right. Property division is an important matter and doing the right thing will involve both parties being open and honest about their property and assets.

It is tempting for people to hide their assets and keep them a secret out of fear of losing them in the divorce. The reason this is not a good idea is because if it is discovered that a person has more property and assets than what they have revealed, the divorce decree could be thrown out and you and your spouse may have to start the process all over again. This will cost you both more time and money in the long run.

It is common for emotions to prevent people from doing the things they need to when they are getting divorced.  If a spouse fails to divulge all of their property and assets, they are taking a great risk. In some cases, being honest about their property and assets doesn’t always end up they way they thought it would, and they may be able to keep the things they want instead of dividing them with their spouse.

Just because some divorces are difficult, doesn’t mean that all divorces have to go the same way. When spouses are cooperative with and forthcoming about things, it is likely that they will not have to worry about the process being drawn out for months or years. To ensure the process goes smoothly, couples can speak with an attorney from the Law Offices of Dorie A. Rogers and request assistance during the divorce and negotiation process.

2022-04-07T19:44:28+00:0031 Mar 2016|
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