Preparing for an initial consultation with a divorce attorney

April 25, 2013 (Press-News.org) Preparing for an initial consultation with a divorce attorney

Article provided by Debbie Robb
Visit us at http://www.debbierobblaw.com/

When a relationship is breaking down, there may be threats of divorce. Arguments may start about finances or any number of topics as communication becomes more strained. When a marriage is beyond reconciliation, an important step is meeting with a divorce attorney.

When you contact an attorney, it important to know that everything you share even from the first call is confidential. Gathering information and documents before the first meeting is one way to make the most of an initial consultation.
Details of assets and debts

Be prepared to discuss the assets and debts that you and your spouse have together. This discussion may be easier after you compile financial statements. Various assets include the obvious, such as bank accounts, a family-owned business, vehicles and retirement funds. Jewelry and artwork collections are not as obvious. Assigning estimated fair market values to assets is also helpful. Some assets are difficult to value such as a home or business. Later in the process, an expert can often assist when there are issues related to proper valuation.

On the opposite side of the equation, what are the outstanding debts? It can sometimes be discouraging to compile all the outstanding debts, especially when you do not want to look at the balance left on a graduate student loan or vehicle loans. Also, consider mortgages, second mortgages or home equity lines of credits in addition to credit cards.

A broad discussion of your equity is an important first step and allows an attorney to watch for potential issues.
Income estimates

The next important discussion topic relates to income. The amount that each spouse earns will influence child support and alimony or spousal support. A prior year's tax return is one way to estimate income, if you do not have ready access to monthly wage statements. Overtime historically worked and consistent, usual bonuses are also included for purposes of child support or alimony.

Think about how much future income you will need to maintain a household for you and children. This is one way to establish goals for securing adequate child support or alimony. While difficult, also begin to ask yourself how important it is to stay in the same home or obtain sole custody of a child or children.
Legal documents and identification information

Providing the Social Security numbers and dates of births for yourself and your spouse is also helpful. Bring any legal document, such as a prenuptial agreement you may have signed before your marriage of a divorce summons.

If there has ever been domestic violence in your relationship, explain what has occurred and concerns you have during the divorce process. This will help your attorney represent you more effectively.

Remember it is often easier to gather documentation related to assets, debts and income while you continue to live together. If you are considering divorce, a family law attorney can provide advice and ensure your rights are protected throughout the process.