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Divorce Financial Checklist and Asset Protection Guide

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Submitted Aug 5AI evaluated Aug 5

Prompt

Create a comprehensive financial preparation checklist for divorce proceedings with asset protection strategies.

**Situation Overview:**
- Marriage length: {YEARS}
- State: {LOCATION}
- Children: {YES/NO - AGES}
- Complexity: {SIMPLE/MODERATE/COMPLEX}

**Financial Overview:**
{GENERAL DESCRIPTION OF ASSETS AND DEBTS}

**Preparation Checklist:**

1. **Document Gathering:**
   - Financial account statements (3 years)
   - Tax returns checklist
   - Property documentation
   - Debt verification
   - Hidden asset indicators

2. **Asset Protection:**
   - Immediate safety steps
   - Account separation timing
   - Credit protection measures
   - Documentation preservation
   - Digital asset security

3. **Financial Analysis:**
   - Marital vs. separate property
   - Valuation needs identified
   - Income documentation
   - Expense tracking system
   - Lifestyle analysis

4. **Strategic Planning:**
   - Temporary support needs
   - Long-term budget projection
   - Insurance considerations
   - Retirement account division
   - Tax implications

5. **Team Assembly:**
   - Attorney selection criteria
   - Financial advisor needs
   - Therapist/counselor support
   - Forensic accountant triggers
   - Mediator vs. litigation

**Note:** Consult with a divorce attorney for legal advice.

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