My Ex Controls the Money: What to Do When You Don’t Know What You Own

My ex controls the money and knows more about our finances. It is one of the most common positions people findthemselves in at separation, and one of the most misunderstood. Village Family Lawyers explains why financial disclosure is a legal obligation in an Australian property matter rather than a courtesy, what that duty actuallycovers, and what a court can do when someone withholds information. This episode also covers a trap worth knowing about. A great deal of the guidance available online about protecting yourself financially in a separation was written for the United States and describes a different legal system entirely. Practical, calm, and specific to Australian family law.Key takeaways Financial disclosure is a legal duty owed by both parties in an Australian property matter. It is full and frank, and it continues throughout. Disclosure covers income, property, superannuation, business interests, trusts, loan accounts and debts, plus recent transfers and disposals. Where information is withheld, a court can order disclosure, draw an adverse inference, order costs, or set aside an agreement reached on false information. Gathering your own records early is the single most useful thing you can do, and partial records still help. Much of the online guidance on this topic is American and does not reflect Australian law. Book a free 15-minute Discovery Call:www.villagefamilylawyers.com.au/booking-request Call: 1300 413 997 Property Settlement:www.villagefamilylawyers.com.au/service/property-settlement/