Day: September 6, 2019

What Is Financial Disclosure?

During a divorce, there are many circumstances when those involved will be required to financially disclose their assets. Financial disclosure is a full statement of your current financial earnings and any assets, along with supporting documents, which act as proof. We look at the definition of financial disclosure, what it comprises and how important it is — along with the consequences of attempting to disguise your financial position. What Does Financial Disclosure Involve? While many divorces are resolved amicably, in other cases, a divorce settlement can be a long, drawn-out and bitter battle. When significant assets are at play, for…