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What financial documents may be required during a divorce?

On Behalf of | Jul 29, 2021 | Divorce

Getting a divorce often requires collecting many documents before it’s possible to negotiate a fair and balanced settlement. All parties need to understand what documents are required to get a divorce. These requirements vary by state, but no matter where you get a divorce, including in Connecticut, you will be required to produce certain financial documentation.

What documents do you need to share with the court?

When it comes to a divorce, certain documents will be necessary to provide for the court. This may include:

• All federal and state income tax returns dating back three years
• Your IRS W2, 1099 and K-1 statements if there are no income tax returns
• Pay stubs and income verification documents for the past year
• A statement for any financial accounts for the past two years
• Any life insurance statement
• Current medical insurance benefit statements
• Appraisals completed on any owned property

What if the documents are hard to find?

Sometimes, you may have a difficult time finding the necessary documents. It is also possible that the documents will create an incomplete picture or that the spouse you are divorcing will not produce everything necessary to make accurate financial decisions. Thankfully, there are appropriate legal measures that you can take to ensure that all information that needs to be included is shared. Your divorce attorney may explain your options.

Divorce can be intimidating and frightening, but you don’t have to go through it alone. An attorney experienced in these matters and who understands Connecticut divorce law may help you find peace of mind and ensure that your legal and financial interests are fairly represented.