Financial disclosure is the mandatory exchange of complete financial information between separating spouses.

Divorce financial disclosure is a critical legal process where both spouses must provide detailed documentation of their complete financial situation. This process creates transparency and establishes a foundation for fair division of assets and support arrangements.

The disclosure requires comprehensive documentation of:

  • Assets – including savings, investments, property, and pensions
  • Debts and liabilities – such as mortgages, loans, and credit card balances
  • Income sources – including employment earnings, business income, and investments

Financial information must be provided for three key dates:

  • The date of marriage – initial financial position
  • The date of separation – when the relationship ended
  • The current date – present financial status

Supporting documentation typically includes bank statements, investment records, property deeds, credit reports, and tax returns. Full and honest disclosure is legally required and essential for reaching a fair settlement.