April 2019 Archives

The Impact of Fiduciary Duty during Divorce Proceedings

Like a corporate partnership, marriage creates a financial relationship in which each spouse owes a fiduciary duty to the other. This requires the highest good faith and fair dealing when financial transactions are concerned. This also includes the obligation to make full disclosure to the other spouse of material facts concerning assets and liabilities (and a variety of additional information) in which both spouses share an interest.

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