Note: US-specific: One of the main events in a divorce is the splitting of assets. First you need to determine how much income and expenses both spouses have on a monthly basis. Then you can identify how assets can be distributed.
The court also uses this to determine whether one spouse should pay spousal support or child support, or whether one spouse needs financial support. To complete this process, most spouses engaged in a divorce, complete a spreadsheet and submit it to the court.
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Categories: Property Evaluations
Tags: Divorce Finances, spreadsheet