When you are going through a divorce, you may feel a bit overwhelmed with everything you have to do. The separation of two lives can be difficult emotionally, but also can be incredibly complex financially. A divorce attorney can assist you through the process, but they will need a bit of information from you to begin moving forward. Here is a brief checklist on what you will need for your divorce.
One of the most complicated parts of getting a divorce is dividing assets and debts, along with calculating support if applicable. In order to do this effectively, your attorney will need financial documents from you. To get started, your attorney will need…
- Income tax returns for you individually or any businesses you own.
- Pay stubs or profit and loss sheets.
- Any prenuptial agreement or post-nuptial agreement you have signed.
- Bank statements.
- Credit card statements.
- Pension statements.
- Stock portfolios.
- Monthly bills.
- Insurance policies.
While there may be more that your attorney would want to specifically see, this is a great starting point to filing your petition or response.
Set a Budget
When you get divorced, your household income is cut in half. You will want to sit down and go over your monthly expenses and current income to create a balanced budget so you can pay your bills. If you require support to take care of yourself or your children, this is something to talk over with your attorney.
Don’t Do It Alone
One of the biggest mistakes people make when approaching a divorce is attempting to represent themselves. When you and your spouse are getting a divorce, your interests are not aligned anymore. You need to protect yourself and your assets to ensure you are being treated fairly. The only way to do that is with an experienced attorney.