What if the mediator believes one member of the couple is not revealing all of the assets of the marriage?
Mediation cannot work if either party believes that the other is not revealing all of their assets. Each person fill out a court Financial Statement listing all income, assets, debts and expenses which is signed under the ” penalties of perjury”. If joint agreements are made by the couple on the basis of incomplete or erroneous information, what would otherwise be a final division can be subject to court review because of the fraudulent financial statement. In other words, people who can’t achieve complete trust that all the assets and income from the marriage will be revealed in mediation should choose an alternative process for divorce, where assets and income may be “formally discovered” through depositions and interrogatories.
Related Questions
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- What if the mediator believes one member of the couple is not revealing all of the assets of the marriage?