Nothing to hide: Understanding your duty of disclosure in a property settlement

Understanding your duty of disclosure in a property settlement

An important part of every property settlement is identifying the net property pool available for division. This requires parties to identify and value the assets, liabilities, superannuation interests and relevant financial resources held by either party, whether those interests are held personally, jointly or indirectly through a company, trust, partnership or other structure.

Disclosure is fundamental to that process.