6 Critical Steps to Prepare Your Finances for Divorce

Learn these 6 critical steps to prepare your finances for divorce in this video. Then, contact our New Jersey lawyer for a free consultation.

The process of getting a divorce often leaves both parties wounded. However, there are a few things you can do right now to ensure that you are financially protected.

6 Critical Steps to Prepare Your Finances for Divorce1. Gather your financial records

The first thing you should do is to collect all of your financial records. Ideally, you will have five years’ worth of documents, including tax returns, payroll stubs, benefits information, bank statements, investment accounts and property information.

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It would be wise to make copies of everything and keep them outside of the house — either in a private safe deposit box or at the home of a trusted friend or family member. Having evidence of all of your financials will help speed up discussions during the divorce…Read the Full Article by Shawn Leamon at NERDWALLET