Financial Documentation

Important Documents in Divorce Finances

Here at Freshman & MGlynn, LLC, we understand how difficult divorce can be. It impacts you and your former spouse, your children, your family relationships and your financial future. You are under stress and emotional strain, but with help from the skilled attorneys at Freshman & McGlynn, LLC, you can get through this.

One of the first questions clients ask us is how a divorce will impact their financial future. The majority of our clients own homes, businesses and retirement accounts which will be affected by divorce. They are also concerned about paying or receiving child support or alimony (commonly called "spousal support" or "spousal maintenance") and how those payments might affect any property settlement.

Understanding financial issues during a divorce is rarely easy, so our aim is to make it easier. We are the attorneys of Freshman & McGlynn, LLC, and we are here for you. We will stand by you throughout the entire process. Contact us at our Westport, Connecticut, offices for an initial consultation.

Gather the Documents You Need for Divorce Finance Determination

If you have made (or are strongly considering it) the decision to divorce, attorney Barbara A. Stark, "of counsel" attorney at our firm with more than 30 years of family law experience handling divorce mediation and divorce-related financial analysis, recommends creating a special file to store these important documents, so you have them ready as you need them:

  • 2 years of personal and business tax returns
  • Recent pay stubs
  • Credit card statements
  • Statements of the value of real estate, bank , stock, 401(k), IRA, pension and investment accounts
  • Life, health and homeowners' insurance policies

You can learn more about attorney Stark's recommendations for divorce by visiting her personal Web site.

What Should I Do Next?

Once you and your attorney have reviewed your financial documentation, you need to make some important decisions. Where will you decide to live and what does your budget look like? What kind of parenting plan can you and spouse work out? Does your child have any special needs that should be considered in the financial planning (including such things as school tuition, medical treatments and extracurricular activities)? Divorce may also impact future tax filing, so an attorney at Freshman & McGlynn, LLC may recommend strategies to protect your interests going forward.

Find out what resources Freshman & McGlynn, LLC bring to the table when discussing divorce and your financial future.

Contact a skilled divorce finances lawyer at our office today to get your case started.