Financial disclosure - don't be tempted to skip it!

Posted by Rory Miln on Sunday, November 14, 2010 Under: definitions

Before beginning to negotiate a financial settlement on divorce, it is essential to exchange full financial information and documents with your husband / wife. This is normally done by your respective solicitors putting all the papers in the post simultaneously on the same day.

"But I know everything about my husband's / wife's financial situation" Well, possibly, but there may be things that you didn't know about. I frequently come across cases where something genuinely unexpected emerges from the disclosure process. Don't take the risk!

Remember:

Disclosure
Negotiation
Settlement

....in that order.

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Rory Miln

Principal

Every week, usually on a Monday, I post my movements for the coming week - when I'm in the office and when I'm out, for example at court. At the same time I post a short article on a word or expression that may crop up during a separation or divorce case. Sometimes I comment on a topical legal issue. I'm always glad of feedback - any comments on my blog entries are welcome - just send me an email.

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About Miln MacLeod

Rory Miln

Miln MacLeod Solicitors is the practice name of Rory Miln, a solicitor of England and Wales recognised as a sole practitioner, authorised and regulated by the Solicitors Regulation Authority (SRA). The practice's SRA number is 535105. The SRA’s rules can be found (in English) on their website at http://www.sra.org.uk/solicitors/code-of-conduct.page