I always mention that, no matter what process you choose for your divorce, both spouses need to complete their financial disclosure forms. Yes it is true that only one form from each spouse must be filed at the courthouse. However, just because there is only one form that gets filed with the court, that doesn’t mean that a spouse can forego completing the other mandatory forms. In California, both spouses are required to complete and exchange Preliminary Declaration of Disclosure packets.
A spreadsheet will not do. A list of living expenses won’t do. An inventory will not replace the forms either. You MUST complete the forms and attach the required attachments in order to obtain a binding divorce judgment. Otherwise, your judgment can be set aside and you may be forced to start all over again.
At ADS, we help our clients through the process of mandatory “full disclosure.” Call for an initial consultation: 626-351-1200.