With Non-disclosure In Contra Costa
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FAQ
In every single divorce case in California, with the exception of default cases, both litigants must prepare and serve a set of forms known as Declarations of Disclosure. These forms are the financial statements that set forth a full disclosure for each party of their respective income, expenses, assets and debts.
Disclosure helps both parties prepare their cases. If parties have fully disclosed their positions, documents and witnesses, the process is fair and timely, and no one is taken by surprise.
What is the point?: The point of disclosure is to make sure that you and your spouse are aware of everything you each own and owe, separately and together, so you can divide your assets and debts equitably. It also gives you the financial information you need to make decisions about child and spousal support.
The petitioner must serve a preliminary declaration of disclosure at the same time as the Petition or within 60 days of filing the Petition.
What is an NDA? NDAs, or non-disclosure agreements, are legally enforceable contracts that create a confidential relationship between a person who has sensitive information and a person who will gain access to that information.
The purpose of a disclosure statement is to provide individuals with relevant information that may impact their decision-making process or their understanding of a particular transaction or agreement. It helps to ensure transparency and allows parties to make informed choices.
Declaration Regarding Service of Declaration of Disclosure and Income and Expense Declaration (FL-141) Tell the court that you had the first or final set of financial documents served on your spouse or domestic partner.
The “Final Disclosure” consists of the Income and Expense Declaration and a full statement of your assets and debts, including the value, date acquired and debt owing on each item, as well as whether each item is community or separate property.
Some people take longer, but you are supposed to do it within 30 days of filing your paperwork. Then, you are supposed to do your Final Declarations of Disclosure toward the end of your divorce case closer to the date of your trial.
This is a mandatory filing requirement for divorcing couples in the state of California. The preliminary financial disclosure is a list of all marital assets and debts from each party, disclosed to the other spouse before divorce proceedings. Each party must accurately disclose assets and debts for a fair divorce case.
