This is the next instalment in our bitesize blog series in which we hope to demystify some of the legal terms which are frequently used by family solicitors when giving legal advice and in the family courts environment.
Disclosure: The disclosure process requires each party to provide full and frank information and documentation about their respective and joint financial circumstances. This means providing bank statements, mortgage statements, investment portfolio statements and details of liabilities for example. It also includes providing company information if one person is a director or shareholder. If court proceedings have been issued, the disclosure process is obligatory and the duty of disclosure is ongoing. Where there are no court proceedings, disclosure is a voluntary process, although it would be usual practice for a solicitor to advise full disclosure.
If you need more help or guidance about a family law matter, please contact one of the members of our Family team at Slater Heelis LLP for more information and a free initial consultation on 0845 873 6500 or email@example.com