Full & Frank Disclosure
Financial Disclosure
Your duty to provide complete financial disclosure in family law matters. What to disclose, how to disclose it, and consequences of non-disclosure.
Full
Disclosure Required
Ongoing
Obligation
Both
Parties Must
You have a duty to the court to provide full and frank disclosure. This applies whether you are in court proceedings, negotiating privately, or applying for consent orders. Non-disclosure can have serious consequences.
What You Must Disclose
Income
- Salary & wages
- Business income
- Rental income
- Investment income
- Government payments
- Child support received
Assets
- Real property
- Bank accounts
- Vehicles
- Shares & investments
- Business interests
- Cryptocurrency
- Personal property
- Money owed to you
Superannuation
- All super funds
- Current balances
- Defined benefit details
- SMSF assets
Liabilities
- Mortgages
- Personal loans
- Credit cards
- Tax debts
- Business debts
- Child support arrears
Financial Resources
- Expected inheritance
- Trust entitlements
- Redundancy entitlements
- Insurance payouts pending
Consequences of Non-Disclosure
- Orders may be set aside if non-disclosure is later discovered
- Court may draw adverse inferences against you
- Additional costs orders may be made against you
- Your credibility as a witness is damaged
- In extreme cases, contempt of court proceedings
Frequently Asked Questions
Complete Your Financial Disclosure
Splitifi guides you through every step of financial disclosure with checklists, templates, and secure document storage.