Preparing For Your Divorce In New Jersey
One of the best ways to begin preparing for your New Jersey divorce is to identify the goals related to your children and to begin recognizing your financial information. Your attorney will be able to more accurately tell you about what the process of divorce involves when you have the necessary documents. These financial documents might play a role in the division of property and the determination about whether or not you are entitled to alimony.
The sooner your lawyer can review all of this information, the easier it will be for them to begin crafting a plan for your divorce.
Last Three Years Of Finanical Records Are Needed For Your Divorce
- State and federal individual and business income tax returns.
- Rent receipts for investment property.
- W2 statements for you and your spouse.
- Most recent pay stubs.
- Current social security statements for you and your spouse, if applicable.
- Quarterly and monthly statements for all financial accounts that are owned in trust individually or jointly by you, your spouse and any minor children.
- Furthermore, you’ll need to have documents that detail any outstanding debts and bills over the past 1-3 years, such as;
- Student loan documents or tuition bills.
- Equipment or vehicle leases.
- Tax notices or liens from the IRS.
- Home equity loans statements or mortgage statements.
- Property tax statements.
- Credit card statements.
- Spousal support or child support orders from a previous marriage.
- Any other notes or loans payable.
- Medical bills that have not been covered by insurance.
- Bills for household maintenance, utilities and other services.
Property and Assets
Any property ownership documents also need to be prepared and copied for your divorce lawyer. These include registrations, certificates and title documents, post nuptial or prenuptial agreements, purchase documents or appraisals for personal property, any family owned business agreements and documents demonstrating separate or joint ownership of property that affects either spouse. The more organized you are with this material, the easier it will be to present it to your New Jersey divorce lawyer and to develop a comprehensive plan for representing your best interests in court.
Divorce involves a heavy financial component, so protect yourself with an attorney who cares.