Among the numerous reasons for leveraging the skill and expertise of a San Diego divorce is to ensure that your best interests are protected during and after your divorce process. An indemnity clause in your divorce agreement can prove to be invaluable in protecting your financial interests long after your case has finalized.
In this issue, the San Diego divorce attorneys with the Men’s Legal Center will explain how an indemnity clause protects your interests.
What is a divorce indemnity clause?
Speaking in legal lingo, the California Civil Code defines an indemnity clause as being a “contract that saves (a person) from a legal consequence of the conduct of one of the parties.”
In non-technical language as it relates to your divorce, an indemnity clause gives you the legal right to take legal action against your former spouse or partner if they do not hold up their end of certain terms of your divorce.
Why would I need an indemnity clause in my divorce agreement?
Granted, indemnity clauses are seldom talked about in celebrity divorce cases, but they provide you with an extra layer of security. For example, it can protect you if you’re unsure of whether or not your former spouse or partner will actually pay their agreed to portion of a debt that needs to be paid.
Beyond ensuring that you’re not the one left holding the bag if your former spouse or partner doesn’t pay, an indemnity clause can provide you with a peace of mind because you know your interests will be protected regardless, and it shows the other party that you will not be pushed around during the divorce process.
To talk more about protecting your interests during your divorce, call the San Diego divorce attorneys at the Men’s Legal Center.
The San Diego family lawyers with the Men’s Legal Center have earned a reputation of trust, and can position you for the best possible outcome of your divorce. Our sole purpose is to make sure you have the resources and knowledge they need for the best possible outcome in family court.
You can reach us at 619-234-3838 or via email.