Conciliation conferences – 5 things you should do

Posted on Dec 13, 2018 by Terry Morgan   |   Categories: Family Law

Has your financial matter been adjourned for a conciliation conference and you’re not sure what to do next?

A conciliation conference is a type of dispute resolution and is facilitated by the Court Registrar. The parties and their solicitors attend court for the conference and attempt to negotiate a settlement having regard to the evidence currently available and the Registrar’s evaluation of the matter.

Here are 5 things you should do to prepare for a conciliation conference:

1. Comply with your duty to give full and frank disclosure of your financial circumstances;

2. File and serve your Financial Questionnaire document;

3. Prepare a joint balance sheet with the other party;

4. If there is a dispute about the value of any of the assets, liabilities or superannuation interests, consider obtaining joint valuations; and

5. Obtain independent legal advice