financial disclosure

Duty of Disclosure: I’ll show you mine if you show me yours

Separated couples negotiating a property settlement have obligations to provide complete disclosure of their financial circumstances.

The duty is not only to your former partner, but the duty also extends to the Court itself. Pursuant to Rule 13.04 of the Family Law Rules and Rule 24.03 of the Federal Circuit Court Rules, parties must make full and frank disclosure of their financial circumstances.