Specialty Areas

What Attorneys Need to Help Work Toward a Fair Auburn Divorce Settlement

Your divorce attorney uses finances as the basis for all settlement issues

A typical divorce involves settlement in three areas:

  • Division of marital property
  • Determining custodial and support issues for minor children
  • Deciding if either spouse should pay spousal support (alimony)

While many factors go into resolving these issues—whether through negotiation or by the court—your attorney needs a full accounting of all financial details from your marriage.  This information is used to ensure that all marital assets are fairly distributed.

An Auburn divorce involves more than just money

Your attorney considers much more than just a bank balance when helping pursue a fair settlement.  You need to be prepared to provide as much proof as possible pertaining to the following:

  • All financial holdings.  These include bank balances, investment accounts, retirement accounts, and any marital financial assets.  If either you or your spouse has financial assets outside of the marriage, any information you can obtain serves to document individual worth.
  • All marital assets.  In addition to financial holdings, you must document the value of the family home, other property, vehicles, and any items purchased during the marriage.
  • Personal property.  If you have financial or other assets acquired outside of the marriage—and if you did not comingle these assets during the marriage—you need to itemize everything to ensure it remains your property after the divorce.
  • Family business.  If you own any portion of a family business, you need an assessment of its value, future potential profits, and other details that can help in the decision of how either spouse can be fairly removed from these holdings.
  • Outstanding debt.  Debt must also be allocated in a divorce.  Your attorney needs records of anything from mortgages and car loans to credit card debt.

Of course, every situation is unique.  The experienced divorce attorneys at Whittelsey, Whittelsey & Poole work with individuals throughout Alabama to identify all documentation needed to ensure all financial details are considered to arrive at a fair settlement.

For skilled support for all your Auburn divorce issues, contact our experienced law firm

Complete and accurate documentation is critical in determining every settlement issue in a divorce.  Contact Whittelsey, Whittelsey & Poole to find out how we can help.  We take the time to thoroughly review the details of your situation before advising you on your legal options.