The property division process is one of the most important parts of your divorce. The terms of your final order will impact your future for years to come, and it’s in your interests to secure reasonable terms that will allow you to have a stable, strong future. It is helpful to know how to protect your interests at every step, including during the discovery phase.
The discovery process is the exchange of information as both parties hand over everything they have regarding their financial and economic states. This allows the division of property to be fair and ensure that each spouse receives an equitable share of marital property. It may help you to learn more about the discovery process and what to expect from it.
The best policy
No matter how much animosity there may be between the two parties, it is important to be honest during this process. When a spouse attempts to hide assets in an attempt to get revenge or keep more marital property, it leads to a protracted divorce process, costing everyone more time and money. Honesty is always the best policy for many reasons, including the following:
- Through technology and other legal means, it is very likely that all of the pertinent information will come out eventually anyway. Honest disclosures can streamline the process.
- It is exceptionally difficult to fight for the best future if you do not have all of the information you need.
- If one party is dishonest, he or she will be much less likely to secure his or her desired outcome. Courts do not look kindly on dishonesty.
This is an important step in your divorce. You could be wise to have experienced guidance at every step, but especially during a process that could determine what your future looks like.
Start with the end in mind
Divorce is difficult, but it’s in your interests to remove the emotions from the equation. How you feel now will probably not be how you always feel, and emotions do not always lead to smart, practical decisions. With every choice and step you make, it helps to remain focused on the end.
Before you agree to any terms or negotiate a final settlement, you may want to start with a complete evaluation of your case. A smart first step would be to seek the guidance and counsel of an experienced Rhode Island family law attorney.
