One of our family law clients recently had brought in a separation agreement in which she was to receive $X from the matrimonial asset pool. The husband’s real estate, motor vehicle, superannuation and some shares were disclosed by him to our client.
The husband declared that was all of his assets and financial resources. Our client was prepared to sign-off there and then. Evidence of some dividends came up and we started investigating: on instructions by our client.
As you may be aware, the Family Law Act requires full and frank disclosure of their assets by all parties to proceedings. Well, soon we discovered that the husband had approximately $400,000 worth of shares that he held and had not disclosed. Within 60 days our client had received $X PLUS a significant portion of the $400,000.
It often pays to question things. Our client was extremely pleased with the result.