Financial Disclosure in Divorce


Florida divorce, or dissolution of marriage, so often involves alimony, spousal support, temporary support, and custody, that Florida family law imposes mandatory financial disclosure on both sides of a divorce, or dissolution. Mandatory Disclosure not only demands that both parties disclose and provide each other, or their attorneys, with dozens of legally specified financial documents, but that both parties do so in a timely fashion. Florida divorce law’s Mandatory Disclosure, also known as Rule 12.285, requires that so many different financial documents be exchanged under such tight deadlines that, without experienced client-centered legal counsel, most people would find it difficult, if not impossible, to fulfill Mandatory Disclosure’s requirements in the short time the law allows them to do so.

Rule 12.285: Mandatory Disclosure’s Long Check-List of Financial Documents

If you are not filing for an uncontested dissolution of marriage or a simplified dissolution of marriage, you must comply with Florida family law’s Mandatory Disclosure and you will have only 45 days to do so. Your last three years of tax returns, last three months of checking and credit card account statements, and one full year of savings account or money market statements, are only a few of the financial documents that Mandatory Disclosure says that both parties of a divorce must locate, disclose, and exchange, in a little more than six weeks. Pension fund records, profit sharing plans, life and medical insurance policies, motor vehicle and/or vessel titles and registrations, are also non-negotiable items on Mandatory Disclosure’s long check-list. An experienced family law attorney knows all the financial documents Florida family law requires you to produce, and can make sure you meet the Mandatory Disclosure deadline for producing them.

A Family Law Attorney and Florida Family Law’s Mandatory Disclosure

In a Florida divorce, or dissolution of marriage, time means money. Failure to meet Mandatory Disclosure deadlines, or failing to hand over all the financial documents that Rule 12:285 demands that you locate and produce, can dramatically increase the time it takes for you to receive to support you deserve, and the amount money you spend to have immediate access to financial documents and have them delivered in a timely fashion. Crucial outcomes regarding such issues as alimony, spousal support, and custody, depend on your quick, completely thorough compliance with Florida family law’s Mandatory Disclosure, or Rule 12:285.

To speak with a skilled, aggressive Orlando family law attorney, call Stanley M. Silver at (407) 869-1616.

We serve clients not only in Orlando, but also in Longwood, Altamonte Springs, Winter Park, Wekiva Springs, Casselberry, Sanford, Apopka, Maitland, Seminole County, Orange County, and all across Central Florida.

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