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What documents will you need in a high-asset divorce?

by | Aug 10, 2017 | High-Asset Divorce |

If there is one thing that most Arizona residents equate with the legal system, it is probably paperwork. After all, one of the most important aspects of the court system is to document and track what occurs in legal cases. And, probably one the most common types of cases that Arizona residents will be a part of is a divorce case. So, what types of documents will Arizona residents need to track down when they are part of a divorce, particularly a high-asset divorce?

Well, for starters, both parties in the divorce case will need to make sure that they have copies of their tax returns. Yearly income can become an important factor when it comes to the alimony or child support aspects of a divorce. Next, if there are any types of agreements that the parties will need to be a part of the divorce, such as prenuptial agreements or separation agreements, those documents will be very important to the case.

Other documents that Arizona residents will need include: bank statements, pension statements, details about any mortgages, copies of credit card bills, life insurance policies, lists of personal property that might be contested and estate planning documents, just to name a few.

The fact is that quite a bit of information will need to be analyzed in a divorce case as the sides participate in either mediation or collaboration of some kind, or if the case goes in front of a judge. There are so many important details in a divorce that it only makes sense for Arizona residents to be as prepared as possible for any turn of events.