Thursday, December 8, 2011

Do I have to present financial information when getting a divorce?

Me and my husband are getting an uncontested no-fault divorce. He want to now the name of my employer, what I make, any debts, any property, and so on. Does he need this information considering everything I have is not owned jointly? Do I just sit back and wait for the divorce? He is paying for everything and I want nothing from him, he wants nothing from me.|||Sounds like your getting a dissolution and not a divorce.








In the case of a dissolution, you have to share what your accounts are, so they know how to separate them, but you don't ALWAYS have to share the amounts assuming noone is getting any payouts (no alimony or child support). If there is any child support or alimony, then you must fully disclose your finances.





If you get a contested divorce, then you also neeed to disclose your financial information to the courts so they can determine how to separate things.





Hope that helps!|||If it was me I wouldn't go through the process blindly.regardless if he's paying for it.How do you know he wants nothing from you?I'd provide the information only if he includes you in the entire process.|||Everything in a marriage is joint marital property. If you are not fighting over who gets property or cash, then your financials are irrelevant. If you have children and/or one of you is going after child support or alimony, then yes you will have to provide financial info.|||When people decided to get a divorce, a lot of times they decide they will do it like civilized people and be fair to each other. Then comes the divorce attorney who talks them into something else and it all goes wonky. If you live in a Community Property State, then everything you earned and he earned is community property and needs to be divided equally. If you own things outright - it needs to be divided. If you are paying for things on time payments - that needs to be divided as well so you aren't paying for a stereo he gets, etc. because you could stop paying and he'd lose his stereo.





Lawyers also like to look at alimony and at the money in 401K accounts as well as Retirement accounts to settle everything 50/50.





So, I can tell you, you need your own attorney to make sure your husband's attorney doesn't hurt you. Imagine having to give your husband half of your retirement when you reach old age. You don't want to have that happen.





He says right now he wants nothing but that can change very quickly.





And, by law, you probably do need to show the other attorney your records. But get your own attorney to verify that before you turn over ANYTHING.





hope that helps.|||If you have childrent, then yes they need to know alot of stuff.





BUT...dont give anything to your husband!! Talk to his lawyer and only his lawyer! IF the lawyer says they need it then they do, they are bound by a code of ethics.|||yes all debts and credits must be stated for a final divorce decree. You both can probably wave this requirement but the judge may not allow this if there are assets and debts involved/|||He definitely is getting advise from someone that is legally savvy. You should too.





If you don't willingly produce it, he can hire an attorney and supeona your company for it. Human Resources always appreciates the interruption in their workday answering these things %26lt;sarcasm%26gt;.





Time to lawyer-up. There is no such thing as an amicable divorce.|||He has something up his sleeve if he wants your financial information, property owned by you etc.


He has probably talked to an attorney and been advised to do this.


If I were you I'd be very cautious, maybe talk to an attorney and see what he advises.

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