Preparing for Your First Meeting with SC Divorce Attorneys
If you are facing divorce in South Carolina, you know that it may be unlike anything you have ever experienced before. It is an emotional experience which jeopardizes your financial future, and likely involves serious issues, including child custody arrangements and evaluating the worth of your family business.
Being prepared in your initial meeting with your SC divorce attorney can go a long way towards making sure that your attorney has all of the information necessary to get started on your case. You should begin collecting all of your important legal documents, so that they will be readily available for your South Carolina divorce attorney.
In preparation for your initial SC divorce meeting, you should:
- Begin filling out the South Carolina financial declaration form.
- Pull together any and all South Carolina real estate documents for property that you own. In many cases, the parties may agree as to the reasonable value of the primary marital home, who should stay in the home, and whether the property should be retained by one of the parties. When facing these complicated financial issues, it is important to make sure that you understand the tax implications of selling the primary marital residence, a vacation home, or even a business owned by one of the parties.
- Collect all relevant business financial documents, including
- Tax returns and financial statements for the past three years,
- Detailed accounting records including bank statements for the past three years
- Any information related to the purchase or sale of any interest since the inception of the business
- Prepare an outline of your monthly budget.
Our South Carolina tax attorney can help ensure that the distribution of the debts and assets including a business asset, real and personal property, financial investments, retirement funds, and pension plans accrued during the marriage are properly valued and equitably distributed. While you may just want to get out of the marriage and avoid a confrontational battle, it is important to understand that the agreement ultimately approved by the family court can have lasting consequences. Failing to secure the proper child custody arrangement, or paying or receiving an unfair amount of alimony is extremely difficult to challenge after the fact.
The SC Divorce Attorneys at Strom Law Can Help
Even if you feel that an allocation or distribution is equitable, it is extremely important that you have competent representation such as the SC Divorce Attorneys at the Strom Law Firm who understands and can explain any future tax implications to you. We understand what’s at stake, let our experience stand on your side.
