Hong Kong – Financial Disclosure During Divorce Process
In Hong Kong, it is mandatory for both spouses involved in a divorce to declare their assets and liabilities. This financial disclosure is intended to ensure an equitable division of property and assets between the two parties. It is important to understand the process and what information must be disclosed in order to make informed decisions during your divorce proceedings.
In this episode, post will provide an overview of the financial disclosure process in Hong Kong, as well as some key things you need to know in order to comply with the law.…Stay tuned for our next post where we will go over asset valuation and how it impacts alimony determinations.