Nevada divorce requires both spouses to make a full and accurate financial disclosure — a sworn accounting of all assets, liabilities, income, and expenses — early in the divorce process. The financial disclosure requirements in Nevada divorce are mandatory, not optional, and deliberately incomplete or false financial disclosures can expose the non-disclosing spouse to sanctions, adverse custody findings, adverse property division, and even criminal consequences for perjury. Understanding what must be disclosed, when, and in what format helps Las Vegas-area spouses comply fully and understand what they are entitled to receive from the other side. Hauser Family Law guides clients through Nevada’s financial disclosure process in Las Vegas divorces.
Nevada’s Financial Disclosure Requirements — NRS 125.166
Nevada Revised Statutes 125.166 requires each party to a divorce proceeding to serve on the other party a completed Financial Disclosure Form (FDF) within 21 days of service of the divorce summons (or within 30 days if a motion for temporary orders is filed concurrently). The FDF is a sworn document — signed under penalty of perjury — that requires complete disclosure of: all sources and amounts of monthly income (wages, self-employment, investment income, rental income, business distributions, Social Security, retirement income); all monthly expenses; all assets (bank accounts, investment accounts, real property, vehicles, retirement accounts, business interests, cryptocurrency, receivables); all liabilities (mortgages, car loans, credit cards, student loans, tax debts, personal loans); and all business interests. The FDF must be updated if any material change in financial circumstances occurs, and a final updated FDF is typically required before trial.
Consequences of Incomplete or Fraudulent Financial Disclosure in Nevada
Deliberate non-disclosure or undervaluation of assets in the FDF carries significant legal consequences in Nevada: the court may set aside a divorce decree obtained through fraudulent disclosure up to 6 months after entry (NRCP 60(b)(3) for fraud) or potentially longer; the concealing spouse may be ordered to pay all of the other spouse’s attorney fees incurred in investigating the hidden assets; the court may award the non-disclosing spouse a disproportionately large share of the community estate as a sanction; and in extreme cases, perjury on the FDF (a sworn document) can result in criminal prosecution. Discovery tools available to investigate the completeness of the other spouse’s disclosure include interrogatories, requests for production of documents, depositions, subpoenas to financial institutions, and forensic accounting.
Contact Hauser Family Law for Financial Disclosure Guidance in Las Vegas Divorce
Hauser Family Law ensures full financial disclosure compliance and aggressively investigates disclosure failures. Call for a free consultation.