Some people going through divorce are in a real rush to wrap it up as fast as possible. While it is understandable to want your divorce behind you, you need to be mindful that you do not skip steps or agree to terms that you will regret just so you can get your divorce finished. Divorce is a process. The steps in the process exist for a reason.
Discovery is way the parties’ attorneys obtain information. Discovery can involve serving and answering interrogatories and document production, issuing subpoenas, and taking and sitting for depositions. Bank statements, tax records and other documents need to be reviewed. Property and businesses may need to be appraised. In many divorces one party owns a business. If you agree that your spouse can keep the business and you are to receive the retirement savings, you need to know if that is an equitable division.