End-of-Year Divorce Checklist: What You Need to Do Before Filing in 2025

By Jarbath Pena Law Group

As the year comes to a close, many people reflect on their lives and plan for the future. If divorce is on your horizon for 2025, now is the perfect time to get organized and prepare. Taking proactive steps before filing can set the stage for a smoother process and help you feel more in control of your next chapter. Here’s an end-of-year checklist to guide you through this transition.

Gather Your Financial Documents

Divorce often involves a detailed examination of finances. Start by collecting all relevant documents, including:

• Recent tax returns

• Pay stubs or income statements

• Bank account statements

• Retirement account statements (401(k), IRA, pensions)

• Investment account statements

• Mortgage and property records

• Credit card and loan statements

Organizing these documents now can save time and reduce stress when you begin the divorce process.

Assess Your Assets and Debts

Make a comprehensive list of your assets and liabilities. This should include:

• Real estate

• Vehicles

• Jewelry, artwork, or other valuables

• Bank accounts

• Outstanding debts (credit cards, loans, medical bills)

For high-net-worth divorces, include business interests, trusts, or other complex financial holdings. Understanding your financial picture will help you prepare for property division negotiations.

Review Your Budget

Take stock of your current and anticipated expenses to create a post-divorce budget. Consider:

• Housing costs (rent or mortgage)

• Utilities, groceries, and transportation

• Childcare or education expenses

• Health insurance and medical costs

Knowing your financial needs will help you make informed decisions about alimony, child support, and property division.

Protect Your Credit

Check your credit report to ensure all information is accurate. If you share credit cards or loans with your spouse, consider separating accounts or reducing joint debt to protect your credit score. Opening an individual credit card in your name can also help establish financial independence.

Understand Your Legal Options

Every divorce is unique, so it’s crucial to understand your options. In Florida, you can pursue:

• Uncontested Divorce: Both parties agree on key terms like property division, child custody, and support.

• Contested Divorce: Disagreements on these terms require court involvement.

• If you anticipate a high-net-worth divorce, consult an attorney experienced in handling complex financial matters to protect your assets.

Focus on Co-Parenting Plans

If you have children, start thinking about custody arrangements and visitation schedules. The holidays are an excellent time to observe how current arrangements are working. Consider what’s best for your child’s emotional and physical well-being, and be prepared to discuss this with your attorney.

Consider Tax Implications

Divorce can have significant tax consequences. For example:

• Filing status may change from “married” to “single” or “head of household.”

• Alimony payments may be taxable for the recipient or deductible for the payer, depending on the agreement.

• Property division may trigger capital gains taxes.

• Consulting with a tax professional before filing can help you understand the potential financial impacts.

Consult with an Attorney

Before making any decisions, schedule a consultation with a family law attorney. An experienced attorney can:

• Explain your legal rights and responsibilities;

• Help you navigate complex issues like asset division or custody disputes; and

• Provide tailored advice to protect your interests.

Starting early ensures you have the guidance you need to enter the process with confidence.

Focus on Self-Care

Divorce is as much an emotional process as it is a legal one. Take time to care for your mental health by:

• Seeking support from a therapist or counselor

• Joining a support group for individuals going through divorce

• Engaging in activities that bring you joy and relaxation

Taking care of yourself is essential for making clear, thoughtful decisions.

Final Thoughts: Setting Yourself Up for Success in 2025

Preparing for divorce is never easy, but taking these steps now can make the process less overwhelming. By organizing your finances, understanding your legal options, and seeking professional guidance, you’ll be ready to face the challenges ahead with clarity and confidence.

If you’re considering divorce in 2025, our experienced family law team is here to help. Contact us today to schedule a consultation and take the first step toward a brighter future.