Incorrect. Nowhere does the law say it. Zero place. Nor is it implied. What IS stated, and reflected in the agreement, is that we share our Line 15000s for the purpose of updating supports.
My ex is welcome to bring me to court. I give my line 15000 annually and we update our supports. As outlined in our agreement. I’ll take the word of two lawyers who passed the bar and practice family law over someone on the internet who thinks their right with no legal experience.
Lawyers, especially divorce lawyers are infamous for giving shady advice with the only certainty being they increase the chances of money being spent on litigation. My apologies to the good guys; Family Law lawyers are often seen as the worst of the worst by their peers, even the ambulance chasers.
I will state why 15000 being the law's and your ex's only concern is wrong.
1)
A clause that has someone contradict the law become invalid when challenged. People cannot sign away their rights and the law states that the information is to be provided. Plenty of instances where this is true including the most obvious which is signing away Child Support; a lawyer must be very careful, creative and a bit lucky when attempting to circumvent it.
Plenty of examples of this in other areas of law too.
2)
In some instances more than the information on line 15000 is relevant. For example, the source of the income is important for transparency:
-Bob has a rental unit and a regular job. The ex knows they have both. Bob decides that they are going to under report rental income via a cash deal, revealing the income sources would show that they are only claiming $1000 for rent when the ex knows they are collecting $1500.
-Bob just got a raise but claims nearly the same income blended with their other income. How is this possible?
-Bob provided fabricated documentation to the court and lack of disclosure hurts the discovery of that.
-Bob is under earning purposely and able to hide it because their investment income increased. They are under employed and hiding it.
-Bob hid money during the divorce and that money is now earning interest or investment income but is evading discovery due to lack of disclosure.
I can go on about [NODE="2"]Forum[/NODE] and I am not saying all of those are winning arguments. I am simply saying "frank disclosure" as per the law is important for those reasons. Disclosure also creates trust and avoids distrust from being sowed, trust is a healthy and good thing.
Almost every time someone does not want to disclose it is due to hostility on their part OR greed in hiding benefits so they look not as well off as they are.
Although legal I really disagree with the hiding of benefits that parents receive from the government for supporting children (that don't get disclosed); that money can add up to tens of thousands of dollars and promote underemployment.
