Divorce can be a complicated matter, mostly because it requires you to handle so many different factors before it can be completed and finalized. In addition, there is the other issue of all of the emotions involved in getting a divorce that can complicate an already complex matter. A large portion of the divorce is separating property, which also includes the division of assets and debts. Financial information is crucial when getting a divorce and it is important that each spouse is honest about their financial status when going through this process.
Divorce is a document-heavy process when it comes to dealing with finances. When preparing for divorce, it is important that you have all of your financial information available so the process can go as quickly and easily as possible, without any hold ups because of missing documents. It is essential that you have all of your recent tax returns, pay stubs or another way to prove your income, bank statements, credit card statements, and a complete list of your monthly expenses. If you own a house or a car, there is likely a mortgage or a loan involved, so it is necessary to have all of the financial information surrounding these assets as well. Many people have insurance plans, pensions, and retirement accounts that contain substantial funds, and you should have the necessary statements about those as well.
If you have questions about the required information you need to go through your divorce, contact an experienced divorce attorney today who can provide you with assistance.
Paris P. Eliades Law Firm, LLC is honored to serve the people of New Jersey, including Sparta, Sussex County, Morris County, Passaic County, and Bergen County with the quality legal services they deserve. Contact our firm for a consultation today.