What Documents do I Need to be Prepared for an Alabama Divorce?

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The process of divorce is not simple. To complete it, spouses are required to have a variety of different documents. It is because of this that it is best for both parties to prepare in every way they can ahead of time, including gathering the proper documentation. Continue reading below to learn more about which documents are needed and contact an experienced Alabama divorce attorney for further assistance.

What Financial Information is Needed?

Financial information that is necessary during a divorce can include but is not always limited to:

  • Individual and business income tax returns 
  • W-2 statements
  • Recent employment pay stubs
  • Monthly bank statements for joint and individual accounts
  • Stock, bond, and mutual fund monthly account statements 
  • Social security statement 

What Property Information is Needed?

The following property information is needed in a divorce:

  • Primary residence
  • Rental properties
  • Vacation homes and timeshares
  • Business property
  • Personal property of value
  • Inheritance
  • Interests in a trust
  • List of property owned by each party prior to marriage
  • Vehicles, boats, motorcycles, etc.
  • List of safety deposit box contents with a photocopy of signature cards
  • Gifts to individuals

Are Child Related Expenses Needed?

When children are involved in a divorce case, the following information is needed as well:

  • Number and ages of children
  • Health insurance
  • Medical expenses
  • Education
  • Gifts or transfers to minors
  • Special needs designations

What Information on Bills and Debts are Needed?

When dividing assets in a divorce, it is important to know that bills and outstanding debt are divided as well. That is why the following information is needed:

  • Credit card statements (joint and individual)
  • Loan documents
  • Leases on vehicles
  • Tax lines/debts due to the IRS
  • Utility bills for the last 1-3 months
  • Money due to third parties
  • Student loans, tuition, etc.
  • Outstanding medical bills
  • Arrears on prior support orders and agreements
  • Monthly budget worksheet

What Legal Agreements are Needed?

The following legal agreements are needed:

  • Wills
  • Living wills
  • Powers of attorney
  • Advance healthcare directive
  • Prenuptial agreement or postnuptial agreement
  • Divorce judgments
  • Business partnership agreements, records, books, etc.

Do I Need to Prepare Insurance Documents?

Insurance documentation is needed as well. This includes but is not limited to:

  • Health insurances
  • Life insurances
  • Auto insurance
  • Homeowner’s insurance
  • Long term care insurance
  • Disability insurance

Contact our Firm

Stone Crosby, P.C. has proudly served clients in Alabama for over 100 years. Our firm has experience handling matters including divorce and family law, estate planning and administration, business law, employment law, class actions, consumer protection, business law, real estate law, among many others. If you require quality legal representation, contact our firm today to schedule a consultation.