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That depends. Firstly divorce is a state court issue and each state may, and often does have different rules and laws from another state or states. Your divorce will be decided in the home state - where you reside - of the person making the application. Check at your local court house or go online and read the relevant legislation for the divorce laws of the relevant state.
If you and your partner can agree either by discussion between yourselves, through a mediator or by using a lawyer, the financial obligations will not apply in the same way if your divorce is contested. If it is contested, the judge will require a full and detailed account of your financial situation. So yes, you may be required by law to submit your financial transactions.
Take the ruling on child support. A judge will need to know the income and expenditure of both parties in order to determine who should pay and how much.
One aspect of any divorce is money. And that is where your credit rating is so important. If you have a bad credit rating or an incorrect rating, this information may be required by a divorce judge. You are advised to make sure your credit rating is up to date and any mistakes are corrected.
You may need to borrow money in the future and even to pay funds ordered by the court. Do the right thing by yourself and have your rating current and correct.
Separate bank accounts are essential once you begin divorce proceedings. You must be able to clearly demonstrate to the court the amount of money you receive and the amounts of money you have spent. Keep detailed records.
Keep up to date with your tax returns. A divorce court judge has the power to examine your finances in detail and you don't want the embarrassment let alone the financial pain of being found out not having paid your tax bill.
Likewise with any insurance cover you may have. If you have separated then your insurance needs will change. There is the legal aspect to the law and then there is the moral aspect. While a divorce judge will rule on the legal aspects of the case, it will not hurt if you are seen to be applying the moral law as well.
The key though is to keep detailed and complete financial records. If you continue paying insurance fees on the property in which you no longer reside, you must have proof of this fact and be prepared to present same to the court. Keeping up the payments may come under the moral aspects of the law which may or may not count in your favor when the judge rules according to the legal aspect of the law.
So the answer is straightforward. A judge may request access to any and all of your financial transactions and you should keep detailed records of both your income and expenditure. Remember you want to make sure your divorce is as smooth and as pain-free as possible.
Here are additional resources you might be interested in:
How to Protect Your Assets during a Divorce
What to Do If Your Partner is Trying to Hide Assets in a Divorce
More information on Divorce Properties and Finances click here.
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