In the intricate landscape of separation and divorce, the disclosure of assets stands as a cornerstone in achieving fair and just financial settlements. This process involves both parties revealing their financial portfolios, including income, properties, pensions, investments, and debts.

An accurate representation of assets is vital in establishing the matrimonial assets that both lawyers and the Court will consider when determining the financial settlement between the two parties. Having a clear picture of finances is not only important for the court but also for both parties, as you can only make an informed decision in any settlement negotiations if all assets have been disclosed.

Throughout the marriage there will be assets which have been accumulated that you wish to protect from your partner. This can often still be achievable and there are options which we can advise on; not providing disclosure will only cause more issues further on.

Having full and frank disclosure also promotes a more amicable divorce as the willingness to share financial information promotes trust which is crucial when navigating the complexities of divorce.

An amicable divorce might not always be achievable, and you may be worried that another party may try to conceal their wealth or manipulate financial information. When instructed, we try to obtain transparency and cooperation from the other party by writing to them to voluntarily disclose their financial information. However, if they are reluctant, there are various options we can employ to obtain their financial disclosure and achieve a fair financial settlement.

If your relationship has broken down and you are currently separating or going through divorce and would like to receive advice regarding the division of your assets please contact Lisa Ridge to discuss your circumstances on 01902 313311 or email, or visit our website for more information.