04/05/2026
Very few people enjoy collecting their financial disclosure in Family Law cases. However, having a clear and accurate understanding of the family financial situation is critical to arriving at a fair, equitable and sustainable financial settlement.
The Court FFP protocols emphasis this by stopping cases from advancing for the attention of the Court Justices if financial disclosure is not complete and filed with the court.
If you withhold financial information the financial settlement could be overturned and reassessed along with financial ( and possibly other) consequences to the person who failed to disclose relevant information. This applies more to undisclosed assets as few will complain if debts or liabilities were not disclosed.
The financial disclosure should be kept updated. When kept updated on a regular basis the ‘pain’ of disclosure is much less than the initial collecting of relevant information.
I would suggest updating disclosure every 6 months.
A settlement that will later be opened up and reassessed wastes the effort, time and money invested in arriving at the financial settlement in the first place.