4 Important Types of Documents
1. Assets: Both spouses should provide identifying info (name, date of birth, marriage date, income, employment status, phone number and address), details on dependents and children, bank statements, statements of any accounts belonging to the child (CDs, 529 plans, college funds, etc.), stocks, vehicle ownership, pending lawsuits, loan settlements, pension plans, any cash benefit plans, property appraisals, and business valuations for any joint business ventures.
2. Liabilities: Both spouses should provide information regarding any home equity loans, secured credit obtained using any personal property as collateral, auto loan statements, student loan statements (if applicable), private loan statements (written or verbal), credit card statements, and info on any civil cases with one or both parties listed as Defendant.
3. Income and Taxes: Pay stubs or another statement of income, copies of federal and state tax returns for the last three years with appropriate W-2 and 1099 forms, and corporate tax returns if there is a joint business venture, etc.
4. Insurance: Life insurance policy declaration sheets and written statements of payments made and disability policies. If you are interested in divorce mediation or you need more information on how to prepare for divorce mediation, please get in touch with one of the experienced family law attorneys at The Maggio Law Firm.