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Four Types of Personal Documents You Need for Your DivorceYou and your divorce attorney will spend much of the process going over your finances to determine how you will divide them with your spouse. Your attorney needs official documentation to have accurate financial information and know if your spouse is telling the truth during negotiations. While your attorney is skilled at finding these documents, you can save yourself time and legal expense by providing them yourself. You can anticipate that your attorney will need several documents during your initial meetings about your divorce:

  1. Proof of Income: How much money you and your spouse make will determine the division of child support and whether spousal maintenance will be awarded. Copies of your and your spouse’s recent check stubs will show your regular pay and how much money you have earned this year. Recent income tax returns will give a larger picture for the last several years. You may need other financial records if you or your spouse are self-employed, such as check registers and bank statements.
  2. Financial Statements: Speaking of bank statements, you will need statements showing the current balances of financial accounts, both shared and individual. You will divide the money from your joint checking and savings accounts, as well as any joint investments, such as mutual funds, stocks, and bonds. Individual investments, such as retirement accounts, can be subject to division if they were accrued during your marriage. It is also wise to know your spouse’s non-marital financial assets, which are part of their total worth.
  3. Property Records: You should have the contracts for any major properties you purchased during your marriage, such as the deed to your home and the titles of your vehicles. You should also present any statements related to loan payments on these properties, such as your mortgage. These records will help your attorney determine the actual value of these properties and whether one of you has a stronger claim to a property.
  4. Debt Statements: Spouses divide their debts during their divorce, just as they divide their assets. Besides the previously mentioned property loan statements, you should present statements for any other debts, such as credit cards, medical bills, or bank loans.

Contact a McHenry County Divorce Lawyer

Providing all of these documents will give your attorney a head start in preparing for your divorce. At Botto Gilbert Lancaster, PC, we know that the search for financial information does not stop there. A Crystal Lake, Illinois, divorce attorney will thoroughly search for any hidden or overlooked assets from your marriage. Schedule a free consultation by calling 815-338-3838.

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Illinois State Bar Association State Bar of Wisconsin Crystal Lake Chamber of Commerce Illinois Trial Lawyers Association McHenry County Bar Association
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