Financial Disclosure – Child Support, Spousal Support and Division of Assets

When representing parties in issues relating to child support, spousal support and Division of assets, parties are required to exchange to each other full and financial disclosure. Failure to do so in a timely manner causes unnecessary delay and cost in resolving the issues. Rule 13 of the Family Law Rules covers the process of financial disclosure in family law proceedings. The rule generally describes the forms to be used for particular issues and the level of disclosure needed. When…