It is essential that as part of a divorce, parties engage in full and frank financial disclosure of their assets.
There have been an increasing number of cases, particularly concerning wealthy couples, whereby one party has not disclosed the full extent of their wealth and have then found that they have to pay additional large sums to their ex-spouses several years after the divorce.
{
A millionaire businessman whose family founded the Screwfix hardware supplier - and sold it for £60million - has been ordered to give his ex-wife £6.42m. James Goddard-Watts and his ex-wife Julia ended their 13-year marriage six years ago, but it has since been claimed that Mr Goddard-Watts did not reveal the full extent of his wealth.
unknownx500
More posts by Emily Hall
