Get a Divorce

By Staff Writer

If you wish to get a divorce, there are some financial steps you will have to go through. You should think about these steps even before you separate. Money issues often create the most intractable arguments in divorce, and can destroy your chances for an uncontested divorce.

You'll need to gather complete and accurate financial information in order to Get A Divorce. Start by inventorying what you own. This list should include your home, if you own one; your car, if you own one jointly; your bank accounts; your CDs; any deferred compensation plans such as pension plans, annuities, IRAs, 401(k)s, stock options, and Keogh plans.

You should think about the probable value of any possessions such as antique furniture, rugs, jewelry, or fine art. You should make an inventory of all life insurance policies, stocks, bonds and mutual funds. Be sure you check your safety deposit box for any other deeds or property titles. Now you'll have to make a list of what you owe. This can include all credit card debt, lines of credit, student loans, car loans, mortgages and co-signed notes.

Financial Documents You'll Need to Get a Divorce
You'll need to gather other financial documents, such as your past tax returns, real estate property tax bills, copies of your will, and profit-and-loss and balance sheets of any business owned jointly by you and your spouse. I know it sounds like a lot, but it's better to be organized and prepared. This way, separation agreements can be negotiated with full facts on the table. For more help on calculating expenses and debts, be sure to seek divorce help online from recommended websites.