Back to Learning Center

Video

Specialty tag(s): Divorce

Dallas Divorce Attorney Explains How to Gain Financial Security in a Divorce

Aimee Pingenot Key | March 8, 2019

Transcript

There are a couple of different situations where one spouse might have less financial power in a marriage. One situation that we often think of is where a spouse is purposely hiding assets or debts during the marriage. Another more common situation where one person has less financial knowledge or control in a marriage is where the spouses take different roles during the marriage, leaving the other spouse sometimes in the dark. Some of the actions that a person can take to gain some financial security and power is first trying to take control of what kind of assets and debts they actually have. That person can work with an attorney to gather recent statements and documents from all of their accounts, bank accounts, checking accounts, credit cards, retirement accounts to work with their attorney to piece together what their financial picture looks like.

The best advice that I can is that with the right team of professionals, you can move from a place of uncertainty to a place of control with respect to your financial future. It can be a daunting process but doing it with the right attorney and the right team can make it manageable and even successful for the future.

For more information on financial security in divorce, please contact Aimee Pingenot Key at 214-373-7676.