• Considering Divorce?  Be Sure to Copy All of Your Financial Records
  • January 30, 2012 | Authors: Kimberly A. Madigan; H. Yvonne Seeley
  • Law Firm: Seeley & Madigan, LLP - San Mateo Office
  • Copy all the financial records before you separate.  It is not unusual for one spouse to take on the role of bookkeeper during marriage.  While this system may work well for the couple during the marriage, it puts the uninformed spouse at a disadvantage when the couple separates. If you are the uninformed spouse, be sure to copy all of the financial records - such as tax returns; pay stubs; bank, credit card, and brokerage statements; and insurance policies - before you separate from your spouse.  Otherwise, your attorney will have to obtain these documents from your spouse using formal discovery procedures, which can be both expensive and time-consuming.