Financial Documentation Summary
Below is a summary of documents to gather for your financial disclosure.
Income documents:
Your last three income tax returns
Your last three notices of assessment
Your last three paystubs to show your most recent earnings
House documents:
An appraisal showing the current value of your house (if one of you wishes to keep the property)
Your most current mortgage statement
Your most current statements of any secured debt registered on the property title
Additional Property documents:
An appraisal showing the current value of the property (if one of you wishes to keep the property)
Your most current mortgage statement
Your most current statements of any secured debt registered on the property title
You may also wish to gather the following information:
Date you purchased you purchased the property
Purchase price of the property
Original mortgage amount
Corporate documents:
The last three financial statements prepared
The last three corporate income tax returns
Corporate articles outlining the share structure
You may also wish to have a professional business valuator prepare a valuation for use in mediation, unless you have a good assessment of the value of the corporation.
Business documents:
The last three financial statements prepared
You may also wish to have a professional business valuator prepare a valuation for use in mediation, unless you have a good assessment of the value of the corporation.
Vehicle documents:
A current valuation of your vehicle. If you use an online tool, make sure it's based in Canada and giving a valuation in Canadian Dollars
Financial account documents:
A bank statement that verifies the balances of the account
If you bank online, you may have an account summary page that shows all of your accounts and the balances, and uploading that will do so long as there is something that identifies each account and its balance
Pension documents:
Your most recent annual pension statement to verify the details of the pension
If you want to know the value of your pension, particularly if you want to keep it or balance the value of the pension against other assets in the distribution between you and your spouse, then I recommend getting a pension valuation
Those with Federal government pensions can ask for a valuation directly from their pension manager.
Debt documents:
An account statement verifying the balance owing
A document outlining the current amount owing on any personal loan from a family member or friend
Excluded property documents:
Documentation outlining the exclusion at the time it was received. Depending on what the exclusion is, it may be:
A gift letter
Documents showing monies received through the disposition of a will
Insurance settlement outlining monies received
An appraisal showing the value at the date you moved in together and a mortgage statement from the same date showing how much was owing on the property
You are trying to show where those funds or value went over the years.
Where were the funds deposited?
How were the funds used?
You may wish to consult the Determining Value page or Overview of Property Division to help gather up-to-date and accurate assessments of value.
Important Disclaimer
Content and videos in The Divii Knowledge Centre provide general information about separation and divorce and is not and should not be considered legal advice. For guidance specific to your situation, it's important to consult with a qualified family lawyer in your area. It's always highly recommended to seek independent legal advice during your separation.