Sentences with phrase «full disclosure of one's assets»

The bankruptcy system demands full disclosure of all your assets, all your debts, and all your sources of income.

We will ensure that they produce full disclosure of their assets and do not unfairly pressure you into an agreement.

All officers and men of the Nigeria Customs Service have been ordered to make full disclosure of their assets in a new...

All officers and men of the Nigeria Customs Service have been ordered to make full disclosure of their assets in a new measure put in place to push transparency and compliance with the Rule of Law.

Although parties have a duty to provide full disclosure of their assets in a divorce, the anonymous nature of cryptocurrencies potentially make them a safe haven for spouses wishing to hide their money from a warring partner.

Spouses should remember that a prenuptial agreement must be in writing, must involve full disclosure of assets from both parties and must be completed long before the actual marriage ceremony.

Difficulties can however arise when one party fails to make full disclosure of assets and or income, to include income generated from assets that have not been disclosed.

Those three requirements are: 1) There must be a full disclosure of assets by both sides prior to the signing of the prenuptial agreement; 2) the Agreement can not be unconscionable at the time it is signed; and 3) the Agreement can not be unconscionable at the time of its enforcement.

This is because (perhaps ironically), the full disclosure of assets, debts and liabilities by both parties will actually serve to protect each of them.

To sum, make sure you get good legal advice from a competent attorney, consider what is the best process for you such as using mediation, collaborative law or traditional negotiation in creating a Prenuptial Agreement, make sure you have full disclosure of your assets and liabilities and have it signed in plenty of time which is at least 30 days before the wedding day.

California Family Code Section 2100 states that full disclosure of all assets and debts, whether separate or community, must be made before the parties can enter into an agreement.