It is Beneficial to be Organized and Prepared When Going Through a Divorce
Going through a divorce is not fun, nor is it easy. However, if you are prepared, there are many benefits, including a quicker process, less expense, and a better outcome.
The Importance of Being Organized
Whether you are going through litigation or using a mediator, being organized will help you get a better outcome. Being organized will:
- Help you identify what is important to you and what you are willing to negotiate
- Prepare you if you need to testify in court
- Help the process proceed more efficiently
- Ensure you have all the relevant information needed to get the best outcome for you
Gather the Necessary Documents
A large part of preparing is identifying and gathering all relevant documentation. If going through mediation, the mediator will outline the topics that will be discussed in each session so you can better prepare. Some of the documents that are important include bank and credit card statements, mortgage and auto loans, retirement and investment account statements, pay stubs, past tax returns, and business documents, if applicable.
You should determine what is separate property and what is marital property. You should also prepare financial statements, outlining all income and expenses.
Get Help with Your Divorce
If you want a less contentious divorce, Out-of-Court Solutions can guide you through the mediation process. Contact them to find out how you can best prepare.