Proper preparation before filing for divorce can save time, reduce costs, and protect your interests. Use this comprehensive checklist to get organized.
Income: Recent pay stubs, tax returns (last 3-5 years), W-2s/1099s, and business financial statements if self-employed.
Assets: Bank statements, investment account statements, retirement account statements (401k, IRA, pension), real property deeds, vehicle titles, and valuable personal property inventories.
Debts: Credit card statements, mortgage statements, loan documents, and any other debt obligations.
Insurance: Health, life, auto, and homeowner's insurance policies.
Marriage certificate, prenuptial or postnuptial agreements, birth certificates of children, social security cards, and passports.
Open individual bank accounts and credit cards in your own name. Understand your state's residency requirements. Research your state's divorce laws (fault vs. no-fault, community property vs. equitable distribution). Consider the impact on your children and begin thinking about custody preferences. Secure important documents (originals or copies in a safe location).
Consult a family law attorney (many offer free initial consultations). Consider a financial advisor for complex asset situations. If children are involved, research family therapists or counselors. Explore mediation as an alternative to litigation.