Association of Divorce Financial Planners

The Association of Divorce Financial Planners (ADFP) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasbatools.com.

Financial Asset and Property Checklist

To follow is a list of all relevant documents that you will want to collect and maintain for use in comprehending and preparing for the impending distribution of marital assets and property. You should also prepare a list of all personal property, including that acquired prior to and during the marriage. Contingent upon your particular situation, not all of the items to be listed will be required. It is recommended that next to each item, note who has actual possession and where it is physically located. If your spouse proves uncooperative in the compilation of such documentation, you may need to enlist the assistance of an attorney-at-law in order to thoroughly protect any and all rights you may have to any asset or property that your spouse may be attempting to withhold for their individual purposes.

TAX RETURNS Federal, State, and Local (past five years)

PAYROLL STUBS and FEDERAL W-2 FORMS (past five years)

BUSINESS TAX RETURNS (Corporate, partnership, or sole proprietorship)

BUSINESS FINANCIAL STATEMENTS Net worth - balance sheet or list of assets and liabilities Cash flow or income and expense statement.

RECORDS REGARDING ANY OTHER RECEIVED INCOME (i.e., investment property rental/lease agreements, stock dividends, profit sharing plans, pension benefit payments, etc.)

RECORDS REGARDING MONTHLY LIVING EXPENSES (i.e., monthly billing statements, grocery receipts, etc.)

PRE- and POST-MARITAL (NUPTIAL) AGREEMENTS

ALL DOCUMENTS RELATING TO PREVIOUS DIVORCE SETTLEMENTS (including property ownership documents)

WILLS AND/OR TRUST DOCUMENTS

STATEMENTS OR DOCUMENTS PERTAINING TO:

Savings accounts
Checking accounts
Certificates of Deposit
Mutual Funds
Cash Management accounts
Stock Certificates
Safe Deposit Box inventory
Brokerage firm accounts
Credit Union accounts
Credit Card accounts
Equity Credit Line accounts
Commodities
Collections (gold, coins, stamps, etc.)
Titles (cars, trucks, motorcycles, boats, etc.)

INSURANCE POLICIES

Life
Automobile
Homeowner's (Fire, Hazard, Earthquake, Flood)
Personal Umbrella
Liability
Disability
Renter's
Health (parents + children)

EMPLOYEE / GROUP INSURANCE BENEFITS (for both spouses)

Medical
Life
Disability

BENEFITS

Expense accounts
Automobile allowances
Cafeteria plans
Sick pay
Stock options
Travel allowances
Bonuses
Deferred compensation
Military
Severance pay
Vacation pay

RETIREMENT PLANS

401 K plans
Money purchase plans
Employee Stock Option plans
Tax Sheltered Annuities
Keoghs
Profit sharing plans Thrift plans Defined benefit plans IRA or SEP-IRAs Roth IRAs

STATEMENTS OR DOCUMENTS RELATING TO:

Inheritances, gifts, etc.
Personal Injury Awards

REAL ESTATE RECORDS (for all properties owned: Principal residence, Second home, Investment property)

Original Mortgage / Deed of Trust
Copy of Note
Purchase Agreement
Uniform Residential / Commercial Appraisal Reports
Rental / Lease Agreements

INFORMATION ON DEBTS AND LIABILITIES

Promissory notes (mortgage, etc.)
Personal loan documents
Secured loan documents
Insurance payments
Medical and Dental expenses
Utility, telephone, television cable bills
Grocery receipts
Laundry and Cleaning
Miscellaneous Household items
Clothes
Incidentals
Dues (union, club, etc.)
Entertainment expenses
Attorney fees

HOUSEHOLD FURNITURE AND ANTIQUES (be very detailed and specific)

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The ADFP does not endorse, support or recommend specific members. It is your responsibility to carefully research, interview and identify competent and trustworthy professionals before you hire one. All ADFP members are independent practitioners and most are certified, licensed and/or approved by a recognized Board, Agency or State Licensing Authority. This information is provided to the ADFP by each member annually and the ADFP does not validate member credentials. You should verify such credentials with the appropriate granting authorities, including but not limited to public, private, and state licensing boards. As independent practitioners, each member maintains his/her own fee schedule, business practice, location, and credentials. Practitioners listed on this website are current, paid-in-full ADFP members, in good standing. If a divorce practitioner is not listed on this website, please contact the ADFP directly to confirm his/her membership in the ADFP at 1-888-838-7773 or by contacting the president directly.

Because of the possible unanticipated changes in governing statutes and case law relating to the application of the information contained on this website, the authors and creators and any and all persons or entities involved in any way in preparation of the website disclaim all responsibility for the legal effects or consequences of the interpretation of the information provided. Individuals intending to use divorceandfinance.org as an information resource should seek advice from family law professionals and experts. This website was not created and made available with the intention that it be used to procure aid in any legal matters in any jurisdiction.