One of the most common mistakes made prior to divorce is not understanding your and your spouse’s assets. This often creates a disparity because the spouse with the better understanding can manipulate the assets to his or her advantage.
Start now. Learn about your assets. Learn about your spouse’s assets. Obtain statements for bank accounts, retirement funds, investments, tax documents and anything else that describes your family’s finances.
If you wait until a divorce is pending, there’s a chance your spouse could hide information, deprive you of a fair resolution or make it more expensive for you to obtain it.