18 January 2014
Honesty is the best policy
While it is of course preferable for financial matters to be settled by agreement, it is essential that both parties take independent legal advice. In a recent case the High Court overturned an agreement made between a Husband and Wife as the wife had not had legal advice and the husband had not disclosed considerable assets to his wife.
The Judge said that the parties have a duty to tell each other the truth when striking bargains.
For more information on reaching a settlement by agreement contact us at Spectrum Family Law on contact@spectrumfamilylaw.com