Earlier this week, we discussed why it is critically important to accurately complete New York's Statement of Net Worth paperwork when pursuing a divorce. The financial affidavit process can seem daunting. However, there is a helpful tool that you can use to assist you in completing these important forms.

Given that this paperwork will affect every aspect of your divorce settlement, investing in a "Lifestyle Analysis" may be a worthwhile pursuit. This analysis outlines and verifies what the marriage's finances consisted of.

A Lifestyle Analysis provides the court with a calculation of the couple's net worth, living expenses, spending habits, assets and liabilities. This, in turn, will help the court calculate spousal support and analyze asset division. Finally, the analysis will help each spouse get a clear sense of whether or not their standard of living will change, given their new single income households.

Generally, this financial picture is constructed using data from the previous few years of a couple's marriage. This compilation requires data from financial statements, expense breakdowns, tax returns, credit reports and other relevant financial records.

Gathering these records can be a frustrating and time-consuming process. However, a Lifestyle Analysis can prove to be invaluable. The time and effort required to complete this analysis will likely be worth it in the long run, because it can help ensure that you are awarded the divorce settlement amount you deserve.

When your expenses and assets are completely laid out for the court, it becomes much more difficult for a judge to award settlements in an unfair fashion. In order to start your unmarried life with your best foot forward, it is worth the time and effort to ensure that your divorce settlement process is as fair as possible.

Source: Forbes, "Why a Lifestyle Analysis Is So Critically Important For Divorcing Women," Jeff Landers, Feb. 12, 2012