What to Expect in a Financial Disclosure Hearing
Financial disclosure is a critical part of equitable distribution in Florida. Under Rule 12.285, Florida Family Law Rules of Procedure, both parties are required to file a Financial Affidavit and exchange supporting documents including tax returns, pay stubs, bank statements, and loan documents.
Courts use this information to determine the value of marital assets and debts. In *Zacharias v. Zacharias*, 38 So. 3d 902 (Fla. 2d DCA 2010), a spouse’s failure to fully disclose finances resulted in sanctions and reversal of the trial court’s distribution order.
A financial disclosure hearing may be scheduled if there are disputes, inconsistencies, or suspected omissions. These hearings allow both parties—and the court—to question valuations and uncover hidden assets.
Tip: Begin gathering documentation early, and don’t rely on your memory alone. Incomplete or inaccurate disclosures can severely damage your credibility and limit your ability to argue for a fair share of assets.
Need guidance for financial disclosures? Rhoden Law Group is here to help. Contact us at 321-549-3162 or submit a request through our website. For more information about Equitable Distribution visit our YouTube channel to get the video content you need. Otherwise, you can always call the office to speak to one of our experienced attorneys.
