Financial Records Checklist

Checklists , Divorce

Information is power. If you are considering divorce, it is important to gather information so that you empower yourself to make wise decisions. We have prepared this list to help get you started on what is coming. This is not a complete list as your situation is different. Use this as a starting point.

 

 

Income and Proof of Income

  • State and Federal Tax Returns for at least the last three years along with W2s, 1099s and other attachments 
  • Paystubs – Last 3 paystubs 
  • Bank Accounts – Statements for all checking and savings accounts, certificates of deposit, mutual funds and money market accounts

Property

  • Real Property. If you (or your spouse) own a home, gather everything that you can. For example, the deed, the promissory note, mortgage, statement from the lender showing the balance due, any appraisals of property, and the most recent tax bill. 
  • Personal property. For personal property, you do not need to gather everything together. Instead, you should at least create a list of everything worth at least $500 or more.  This includes things like automobiles (use kbb.com to determine a fair market value), furnishings, collections (art, stamp, coin)
  • Retirement Accounts. The most recent statements of all accounts such as 401(k)s, pensions, IRAs, etc
  • Other Financial Accounts. This includes brokerage accounts, medical savings accounts, and any other account that has financial value

Insurance 

  • Life Insurance. Gather the documents that identify the coverage and most recent statements
  • Health Insurance. It is important to know exactly what you have because either you or your spouse may soon need to get insurance. 
  • Disability or other insurance. 

Debts

  • Credit Cards – All Statements records of credit cards
  • Vehicle loans. Gather as much of the following: loan documents, the title(s), and the most recent loan statement. 
  • Mortgages and home equity loans statements
  • Student loans statements
  • Other loans. It is important to gather as much as you can so that you are organized. 

 

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