Filing for Divorce in Wisconsin > Step 4: Financial Discovery
Financial Discovery
Once the temporary orders have been established, the next step in the divorce process is a financial discovery.
In every Wisconsin divorce case, it is essential that there be a complete exchange of financial information before negotiations begin and a final agreement is reached. Both parties are required to fill out, sign, exchange, and file with the court a financial disclosure statement that lists all of that person’s income, assets, debts, and liabilities.
A blank financial disclosure statement for your review can be found here.
What Documents Need to be Provided?
In addition to the financial disclosure statement, each spouse has the right to see verifying documentation of the items listed in the financial statement (e.g., bank statements, retirement account statements, credit card statements, etc.).
Sometimes, one spouse is resistant to providing financial information, and formal discovery is required. In that case, we have the skills, knowledge, and experience needed to discover and obtain the evidence necessary to ensure our clients get a fair shake in their divorce.
Once the financial discovery has been completed, the next step in the divorce process is negotiation settlement.