Listly by James Simpson
Preparing for a divorce is an involved process that requires careful consideration and planning. By following these tips outlined in our comprehensive divorce checklist individuals can have peace of mind knowing they are taking necessary steps towards ensuring their future wellbeing during such trying times.
Once you've compiled your list of assets, it's time to move on to liabilities. Gather information about all debts owed by both parties, such as credit card balances or outstanding loans. Be sure to take note of who is responsible for each debt - joint accounts will need to be divided equitably between the two parties.
While preparing for a divorce can be overwhelming, it's important to remember that you don't have to go through it alone. Consulting with a divorce lawyer can help ensure that you are well informed about the legal process and your rights as an individual. A qualified attorney can guide you on matters such as child custody, division of property, spousal support, and more.
Child custody and support arrangements are some of the most critical issues to address when preparing for a divorce. It is essential to develop a plan that considers the best interests of your children while ensuring that both parents are involved in their lives after separation. A divorce preparation checklist should include discussions around child custody and support agreements.
It's also worth noting that while going through a fast divorce may be desirable for some couples looking to end their marriage quickly without unnecessary complications or delays – it’s still important not to rush into anything without careful consideration. Taking steps like determining living expenses ahead of time can help ensure that both parties can start their new lives on solid footing following the end of their marriage.
Start by collecting bank statements from all joint accounts, as well as individual accounts held by both parties. Make copies of tax returns for the past several years, including any supporting documents such as W-2s or 1099s. By the way, Doh 2168 (New York Certificate of Dissolution of Marriage) can be obtained here for free: https://divorcenyonline.com/new-york-certificate-of-dissolution-marriage/.
While traditional litigation is still the most common method for resolving divorces, alternative methods such as mediation can often be a better option. Mediation provides an opportunity for both parties to work together with a neutral third-party mediator to reach mutually acceptable agreements on issues such as child custody, asset division, and spousal support.