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Do you have to do a financial order when divorcing?

Do you have to do a financial order when divorcing?

A financial order isn’t mandatory when divorcing, but you should consider getting one – especially if you have assets or you want to prevent your ex from claiming from you in the future.

What do you need to know about divorce in Connecticut?

As part of the divorce process in Connecticut, each spouse must disclose their marital assets and separate assets so that a fair and equitable distribution can take place. Disclosing assets is also important in figuring out child support and alimony issues as well. Spouses will both need to complete a financial affidavit as part of the process.

What do you need to know about divorce discovery?

Divorce Discovery is a way to gather information during the divorce process from you and your spouse, so everyone involved can get a clear picture of all the financial aspects related to the marriage.

How to obtain financial information in a divorce?

You have other options to obtain financial information besides waiting on your spouse to turn it over. In a divorce, either spouse can directly send a subpoena to third parties with financial information relevant to the case. A “subpoena duces tecum” requires the third-party recipient to turn over documents.

How are marital assets divided in Connecticut divorce?

This means that all marital assets are divided in a fair and equitable way. It does not mean that they are always divided equally on a 50/50 basis. Prior to dividing assets, it must be determined which assets qualify as marital property in Connecticut.

As part of the divorce process in Connecticut, each spouse must disclose their marital assets and separate assets so that a fair and equitable distribution can take place. Disclosing assets is also important in figuring out child support and alimony issues as well. Spouses will both need to complete a financial affidavit as part of the process.

How does discovery work in a divorce case?

Discovery can also be impacted by the level of cooperation between you and your spouse, how much access each of you has to certain information and how much your budget can withstand to pay for various discovery actions. Discovery can include interrogatories, requests for production of documents, requests for admissions, depositions and subpoenas.

This means that all marital assets are divided in a fair and equitable way. It does not mean that they are always divided equally on a 50/50 basis. Prior to dividing assets, it must be determined which assets qualify as marital property in Connecticut.

You have other options to obtain financial information besides waiting on your spouse to turn it over. In a divorce, either spouse can directly send a subpoena to third parties with financial information relevant to the case. A “subpoena duces tecum” requires the third-party recipient to turn over documents.