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Joined: Jun 2000
Posts: 862
E
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Joined: Jun 2000
Posts: 862
This is a practical matter. My H just sent me a draft of our combined property - assets , debts etc in anticipation of the mediation we plan. I see some stuff that doesn't look quite right - and a few things missing.

What does the court require as proof that everything on the financial side is totallly accurate? How do I make sure H is not hiding or misrepresenting items?

Guess this is actually a legal matter, but at
$200 an hour I'd like to get a suggestion from some of you who have already been through this.

Joined: Jan 2004
Posts: 2,076
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Joined: Jan 2004
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In my case, we're trying to agree on everything outside of court. We've disagreed on a few things, like I think his Harley is worth more than he says. But my attorney says as long as we agree on who gets what and the equity distribution isn't totally out of whack (as in 10% for one of us and 90% for the other), the judge will usually sign off on it. It doesn't have to be perfect.

On the other hand, if you're worried that your spouse is hiding something, there are forensic accountants whose job it is to look for hidden assets, etc. Don't know much about them. I'm sure they're not cheap.

And as for just being flat-out dishonest, if your state is like my state, I have to swear in writing to the accuracy, to the best of my knowledge, of my financial affadavit.

LL

Joined: May 2004
Posts: 55
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Joined: May 2004
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Everything requires a backup statement.

Checking, savings accounts are recorded, ask for statements.

Debts are recorded, ask for statements.

Assets are also recorded, ask for statements.

Trust but verify, share all facts.


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