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QLD Partner's Property Settlement with Wife - Forced to Disclose My Assets?

Discussion in 'Family Law Forum' started by Cheska, 12 August 2015.

  1. Cheska

    Cheska Member

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    My partner whom I live with is about to commence a financial and property settlement with his wife. Is my financial situation taken into account? i.e. Will I be forced to disclose my income or assets?
     
  2. AllForHer

    AllForHer Well-Known Member

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    The only assets taken into consideration in a property settlement are those in which the parties had a shared interest. For example, if he owned a house with his former spouse, that would be a joint interest because they both benefitted from it during their marriage. Assets that are yours should not be included because she does not have a joint interest in them, but bear in mind that her interest in an asset won't disappear if any portion of a shared asset is transferred into your name.

    Hope this helps.
     
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