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Top Tips for Dealing with Undisclosed Assets in Family Law Matters – The Duty of Disclosure

by | Jan 27, 2023 | Family Law

Nevett Ford Lawyers has had a wealth of experience in dealing with recalcitrant parties to family law disputes and exploring avenues to ensure that a full understanding of the assets is available. Our “Top Tips” series will provide five effective methods for dealing with undisclosed assets in order to get the clarity you need.

The duty of disclosure – the Federal Circuit and Family Court of Australia (Family Law) Rules 2021 require that the parties make such disclosure as is required of them by the other party to the dispute to allow the requesting party to fully ascertain the assets and liabilities of the parties. As a starting point, this fundamental principle needs to be stated, upheld, and enforced by the Court system. A failure to comply with this Rule can have adverse costs consequences, and even adverse consequences in terms of a division of the assets that are identified.

Contact our expert lawyers in family law at Nevett Ford Lawyers today to find out more – 03 9614 7111 or melbourne@nevettford.com.au