Here for you: Please note that Brookman’s services remain uninterrupted during this time. Read more

Hidden Assets

Courts in England and Wales are relatively good at finding and locating hidden assets and are familiar with the fact that sometimes a spouse in a marriage will seek to cover up certain funds or payments which are imminently due. To counter this, the courts encourage what is known as a, “cards on the table” approach. In other words, parties are expected to disclose all their assets fully and frankly.

Using Form E to disclose finances

Parties usually disclose in what is known as a “Form E” which is the financial disclosure form which is required most financial proceedings. Form Es are filled out and exchanged between parties. The purpose of the form is to enable both sides to provide the Court with full details of their finances. Bank statements going back 12 months have to be included as do payslips, business valuations and housing valuations. If the form is complete and there are no further material questions left unanswered, then the chances of settling a case improve.

If either party does not fully disclose

If there is a suspicion that someone has not disclosed all their assets it is possible to ask further questions in the litigation process. The usual document for this is a document simply known as a “Questionnaire.” This allows parties to ask questions about the documents disclosed and query specific transactions. The Questionnaire is particularly useful at, for example, querying unusual bank transfers or entries in bank statements that are suspicious. In most cases the Questionnaire usually effectively locates the majority, if not all of the assets and often locates hidden assets. It is also possible to ask for directions for a forensic accountant to be appointed or to raise further questions or queries in supplementary documents.

Deliberate refusal to disclose

In the case someone is wilfully and deliberately refusing to disclose their assets there are penalties which include cost penalties and even imprisonment. In unusual cases, or if it becomes obvious the assets are being dissipated to deprive a spouse of their entitlement, it may be possible to seek further orders such as an “avoidance of dissipation” order or a worldwide Freezing Order which effectively precludes any substantial dealings prior to litigation and/or retains the assets until the parties agree a settlement or the court makes final orders.

If it becomes apparent throughout the litigation process that assets are being hidden for some or all of the litigation, adverse findings may be made against the spouse who has defaulted on what is known as his or her obligations of, “full and frank financial disclosure.” One such example of this in the media was where the former tycoon, Mr Scot Young, was committed to prison for refusing to answer particularly pertinent questions put by his wife. The full judgment of Mr Justice Moor can be found here. Although the court is rarely required to go to such lengths to enforce the terms of its directions, the case does show that the court and will be prepared to do so in order to make sure assets are not hidden or kept out of reach for a financial settlement. See also our example “problem scenario” below.

Enquire Now

Got a question? ask us now...

Kindly complete the form below to send an enquiry.
Your message will be sent to one of our solicitors.
Everything you send in this form is secured and encrypted the moment you submit it.
Discretion is guaranteed.


  • 1. Personal Information:

  • You do not need to provide a telephone number, however, it is helpful for us should our email response not be successfully delivered to you
  • 2. More Information

    Is there anything else you would like to tell us at this stage?
  • This field is for validation purposes and should be left unchanged.

Hidden Assets Scenario

Mrs A has been married to Mr B for over 10 years. The parties have four children.  Mr B is a successful businessman and property developer.  Mr and Mrs A have enjoyed a lavish lifestyle.

In recent years the marriage soured. The parties recently attended mediation which was unsuccessful in resolving their differences. Mrs A believes that Mr B is being secretive about his personal life and about his wealth.

Eventually financial proceedings are filed and Form Es are exchanged. In the Form Es Mrs A notices that there are a number of suspicious bank transactions and she is concerned about these.

Our Solution:
We draft a Questionnaire which asks about the suspicious transactions. Eventually Mr B answers our Questionnaire but provides a vague and misleading answer. We draft a further Questionnaire and Schedule of Deficiencies. Mr B confirms that he does in fact have a separate, tenanted property (worth £400,000) which he has never told Mrs A about.

Eventually the matter settles at the next court hearing but Mrs A receives a much higher settlement as a result of the extra scrutinisation of the assets in this case.

Note: The above scenario does not relate to any individual clients of ours but the facts and the outcomes relate to some similar experiences in our practice.

What our clients are saying:

‘MS’, Surrey

I would like to take this opportunity in thanking you and Brookman for the wonderful work, effort and support you have provided.


Google Reviews

Brookman Solicitors

70 Reviews

Yesima Hamid 04/09/2020

I want to highly commend Brookman Solicitors firm. I had the privilege of getting very thorough and sensible advice from their solicitor Jennifer Douglas. I don't have enough praise for her. She made me feel at ease and 'got me' and understood very well all the issues and her advice was on point. I felt she had my interest at heart in all the different matters. She was very accommodating and willing. She truly made a difference. She has great insight and I truly recommend her and the firm. They are very professional with the human touch.

Roohie Mahajan 16/08/2020

I am so happy that I hired their services. I am from India and it was my international divorce case. My ex husband is in the UK. I had a free telephone conversation with Henry Brookman and I was so satisfied that without even meeting him I was so confident. My case was handled in the best way possible.

He is probably the one of the best lawyers in the world. He is extremely competent, professional, intelligent and empathetic. The only lawyer who genuinely work to help you rather than making money. He is a very experienced lawyer and he saved me so much money. He is so calm and kind towards his approach. He is the most genuine person I have come across.

I just came to London once to attend my hearing. My husband and his solicitors made it so complicated. My ex husband has to spend double the amount of legal fees than me. This is the difference between hiring a good experienced lawyer. Their fees might be expensive but good lawyer will make you save money at the end. Finally at the end I won the case and my husband has to pay all my legal fees without me travelling to the UK. I will always be eternally grateful to Henry Brookman and Brookman Solicitors. I am falling short of words to praise them.

I highly recommend their services. Keep up the good work.

Jen Ade 23/07/2020

I had an initial consultation and Henry was well prepared. He gave great advice and followed through quite quickly. He was very helpful.

Chris Mullins 15/07/2020

Henry and team were most professional, considerate and efficient when handling the financial proceedings owing to my overseas divorce. I recommend their services highly. International circumstance was at first to me most daunting and confusing, given each country had its' own unique approach. Thankfully Henry was knowledgeable of the law on either side of the seas and able therefore to provide best guidance and reasoning to me which enabled favourable settlement!

Wim Jansen 24/06/2020

I contacted Brookman to ask for information regarding the validity of an international divorce court ruling. They were very quick in providing me with the right information. When I had another question a few months later around children matters I phoned them again and after taking some background information and contact details they booked me in for a free telephone consultation with 1 of their partners Talitha Brookman. She spent half an hour of her time explaining to me what I could expect and provided legal advice. All was free of charge. I would not hesitate to contact them again should any matter become more formal and have to go through court. The service has been quick, professional and very friendly.