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#774913 - 09/06/18 04:30 PM disclosure question in NJ
huskyfan68 Offline

recently joined

Registered: 02/17/16
Posts: 4
I am in mediation. What "has" to be disclosed from a financial standpoint? I know tax, pay statements etc etc.. My wife is 1/3 owner in a family partnership- L.P. It has not come up yet but does this need to be disclosed? The partnership was formed by her mother and 3 sisters before we were married. there are assets in the L.P. (land, money, real estate etc)

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#774922 - 09/10/18 06:36 PM Re: disclosure question in NJ [Re: huskyfan68]
huskyfan68 Offline

recently joined

Registered: 02/17/16
Posts: 4
anyone? please

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#774923 - 09/11/18 08:02 PM Re: disclosure question in NJ [Re: huskyfan68]
MinnesotaMom Online   content

old hand

Registered: 01/05/11
Posts: 952
Has your name ever been added to the partnership? Have there been any check deposits from the partnership cashed into either an account in your name, or in both your names? If your answer is no to both, then you aren't entitled to any portion. If the answer is yes, you might be entitled to 1/6 of the increase that has occurred only during the period you have been married.


Edited by MinnesotaMom (09/11/18 08:02 PM)

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#774926 - 09/13/18 03:17 PM Re: disclosure question in NJ [Re: huskyfan68]
huskyfan68 Offline

recently joined

Registered: 02/17/16
Posts: 4
no- already checked- but the partnership has generated money I am pretty sure..... I was told if she got any income from it- it would need to be reported and disclosed on tax forms.

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#774928 - 09/15/18 04:26 AM Re: disclosure question in NJ [Re: huskyfan68]
MinnesotaMom Online   content

old hand

Registered: 01/05/11
Posts: 952
What is your goal? What exactly are you trying to achieve?

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