Financial Documents You May Need as Evidence in Your Divorce Case

 Posted on October 31,2022 in Divorce

As with any other type of contested case, your divorce proceedings are likely to involve quite a bit of evidence. If you proceed to divorce litigation, it is likely that you and your spouse are unable to reach an agreement - and may not agree on certain facts. For this reason, strong evidence is needed to back up any legally relevant assertions your attorney makes in the course of litigation. When it comes time to allocate marital assets and debts, it can be challenging to make determinations about who should keep what. Spouses may disagree about whose responsibility a debt is, or who brought a certain asset into the marriage. There may be disputes over what is marital as opposed to separate property. It is wise to begin gathering financial documents like bank records if there is any possibility of your case going to court. Strong evidence is often the key to a fair allocation of marital property. Our attorneys can offer you more particular guidance about what types of evidence may be needed in your case.

Types of Evidence Commonly Used in Divorce Proceedings

Gathering evidence can be tedious, but it is quite necessary for most contested divorces. You may need evidence pertaining to financially significant events that occurred many years ago. Common types of evidence you may need in your divorce include:

• Real estate documents - If either of you owns real estate, you will likely need documents such as your deed and other agreements you signed at closing. You may also need tax documents related to property taxes.
• Bank accounts - You will likely need bank records going back quite some time, often to the date you married. Records from any joint accounts and separate accounts are likely to be needed. These records can help establish separate and marital property and show contributions to the marriage.
• Debt records - If either or both of you have debts, joint or separate, you will likely need records showing how the debt arose and whose name it is in. Some types of debt will be considered marital debt, while one spouse may be solely responsible for others.
• Income documentation - Spouses who earned income during the marriage will likely need documentation of their income, including where it was deposited.

The process of gathering evidence needed for divorce proceedings may take some time. However, having the right evidence can make a major difference in your divorce proceedings.

Contact an Illinois Divorce Attorney

Law Offices of Donald J. Cosley can assist you with identifying and gathering any relevant evidence for your divorce case. As a highly experienced Arlington Heights divorce lawyer, Attorney Cosley will draw on his years of practice to seek the best possible result in your case. Call 847-253-3100 to receive a free consultation.

Source:

https://www.brides.com/documents-your-divorce-attorney-will-need-and-how-to-organize-them-1103258