A concise reference document, often in the form of a checklist or outline, designed to assist individuals in preparing for and navigating the process of dividing assets, liabilities, and responsibilities during the dissolution of a marriage. It typically encompasses key considerations such as financial disclosures, property valuation, child custody arrangements, and spousal support calculations. For example, such a document might include prompts to gather bank statements, retirement account information, and appraisals of real estate.
Its utility lies in promoting efficiency and informed decision-making. Utilizing such a resource helps ensure all relevant aspects of the marital estate are addressed, preventing omissions that could lead to unfavorable outcomes or prolonged legal battles. Historically, similar guidance, although less formalized, has been provided by legal professionals to their clients to streamline case management and encourage comprehensive preparation.
