A divorce is similar to a business transaction in many ways. During your marriage, you and your spouse have accumulated both assets and debts. Now that you are separating, splitting those assets and debts in an equitable fashion is a high priority. When you have significant assets to your name, making an equitable split can be more difficult.
If you’re considering divorce in New York and you have substantial savings, investments, real estate, retirement accounts, or other assets, here are several documents you should gather as soon as possible. This information will help you and your attorney ensure that nothing is overlooked and that you and your children receive the assets and support you deserve:
- Proof of income and net worth – Bank statements, payroll information and similar information will help establish what your income and net worth are.
- Income tax returns – These provide helpful insight into what assets you and your spouse have and how they are accounted for.
- Retirement account documentation – Paperwork showing where accounts are held, what they contain, and how they are funded can help ensure you receive an equitable share of the retirement holdings.
- Prenuptial and/or separation agreement – If you have one, its contents may help settle many questions about the divorce.
- Copies of insurance policies – Insurance policies help identify property and focus on its value.
At the Law Offices of Paul A. Boronow, P.C., our experienced Long Island divorce attorneys focus on helping those with significant assets complete a divorce in a fair and organized fashion, so you can picture a brighter future.Contact us today to learn more.