Complications seem to increase exponentially once
divorce proceedings are underway. Legal complications added to financial complications all
heaped on top of the emotional complications from the end of a serious
relationship mean stress for all parties involved. One of the most contentious
aspects of many divorces is the division of marital property.
Marital property is any property acquired during the course of the marriage.
Luckily for those going through divorce, they don’t have to do it
alone. That’s what
Arizona divorce attorneys are here for - to go through the divorce process by your side. It’s
our job to alleviate a major chunk of the stress associated with divorce
by advocating on your behalf and working towards a division of property
that will be in your favor.
If you are ready to retain your Arizona divorce lawyer, save time and money
by being prepared. We recommend gathering necessary (and important) financial
and legal documents before even meeting with your new legal representation.
By preparing ahead of time, you’ll be able to immediately give your
attorney a thorough and useful overview of the situation, including property
and assets and other issues related to your Arizona divorce case. That
way you and your Arizona divorce attorney will be able to work together
toward the end goal of securing your short term and long term assets/interests.
What Topics Should You be Prepared to Discuss with Your Divorce Attorney?
- Child support
- Legal decision making (previously called child custody)
- Parenting time
- Grandparent visitation
- Visitation with stepchildren
- Health insurance for spouse and/or children
- Dental insurance for spouse and/or children
- College education of children/step-children
- Marital residence and who will reside as well as equity in the homestead
- Other real property, home furnishings and personal property
- Life insurance policies and listed beneficiaries
- Claiming children as dependents for purposes of income tax filing
- Religion as pertaining to the upbringing of the children
- Business assets
- Professional practices and/or degrees
- Retirement benefits (including 401(k) plans, pensions, IRAs, etc.)
- Vehicle ownership and use
- Recreational vehicle ownership and use
- Financial accounts (savings, checking, stocks, bonds, funds, etc.
- Compensation for homemaker contribution to household
- Any hidden assets
- Spousal support issues (entitlement to support, how much, how long, etc.)
- Domestic violence, orders of protection, child abuse, parental kidnapping, etc.
- Restoration of maiden name
What Documents Should You Be Prepared to Provide to Your Divorce Lawyer?
The lists are long, but not all inclusive. They are an excellent start
to being thoroughly prepared for your divorce proceedings and being prepared
is the best way to minimize stress associated with divorce. Please get
in touch with
Arizona Family Law Attorneys if you need assistance. We are your experienced Arizona divorce lawyers
and we are ready to discuss your situation at your convenience.
- Income tax returns (both personal and business for 3-5 years)
- Prenuptial agreement, if applicable
- Proof of current income and current income of spouse
- Separation agreement, if applicable
- Bank statements, pension statements, retirement account statements, etc.
- Certificates of deposit
- Information on trusts, stock portfolios, stock options, etc. (if applicable)
- Mortgage information and property tax statements
- Credit card statements
- Loan documents
- Utility bills and other bills associated with lifestyle, including: school
tuition, lessons/activities for children, medical bills, etc.
- Monthly budget worksheet and completed financial statements
- Employment contracts, benefits statements, etc.
- Insurance policies: Life insurance, health insurance, homeowner’s
insurance, car insurance, etc.
- Appraisals of personal property, real property, etc.
- List of personal property (home furnishings, artwork, jewelry, clothing,
- List of property owned prior to marriage
- List of property acquired by gift of inheritance during marriage
- Detailed list of safety deposit box contents
- Wills, living wills, powers of attorney, advanced health care directives, etc.