Other paperwork to make copies of is deeds, prenuptial or antenuptial agreements, wills, and powers of attorney.Once you gather all the necessary paperwork, you can then determine the net worth of the marital estate.
You will need to have a record of names, account numbers, addresses, and phone numbers for all of your assets and debts.
Don't forget bank accounts, credit cards, loans, stocks and bonds, mortgages, and title information.
It also helps to have tax statements for the last three years (find out how to get copies of tax returns), as well as pay stubs and employment information.
If there is a business involved, get a copy of the tax records, assets, and debts.
By preparing for a divorce before it actually happens, you can reduce much of the stress and conflict that many people face when they rush the divorce process.
Planning ahead allows you to make sound decisions and start preparing for your life after divorce, as well as helping you to avoid some of the post-divorce pitfalls.
Below are some things to think about as you begin preparing for a divorce.
The amount of information required for a divorce can seem overwhelming, so it makes sense to begin gathering all of it together as soon as possible.
This will give you an idea of what you will be entitled to when you get divorced.
If you will be receiving an inheritance, don't put it in both of your names, and don't use it to buy marital property or pay marital expenses.
This will help to keep your inheritance separate from the marital estate.