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How to protect my assets in Divorce in California?After separating, do not use a jointly owned bank account. Create an irrevocable trust. Update estate plan and retirement accounts after divorce. getbestcarinsurance.org � articles � can-a-trust-protect-assets-in-a-california-divor. 1> Consult with a Lawyer: The first and most important step is to consult with a qualified family law attorney who specializes in divorce cases.