It is common for partners or employees to sign some type of non-disclosure agreement. Often this is done to prevent company secrets from falling into the hands of competitors. Divorces may also use these types of agreements. Obviously, there are no company secrets, but one spouse may wish to keep financial information, details about the marriage or other sensitive information from becoming public knowledge.
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Couples filing for divorce may need to assemble documents that they can label as “confidential.” It typically means that the couple, their attorneys, expert witnesses and the judge (if there is litigation) or mediator (if there is mediation) review the information.
Both parties will sign an agreement, acknowledging that there will be consequences for sharing confidential information. This could mean an injunction or financial penalties. Once they finalize the divorce, any crucial documentation resides with the spouse wishing to protect it, but the other spouse’s attorney may want to retain the information for their records.
A spouse may be a public figure, cherish their privacy or have their reasons for doing it. Regardless, the benefits of using these agreements include:
Even marriages that end on good terms may wish to include a confidentiality agreement. This can safeguard against changes of heart later down the line when the former couple comes into conflict over an issue, such as modifying the custody agreement. An experienced family law attorney protects the client’s varied interests, which may include negotiating a confidentiality agreement.
Pearson & Paris, P.C. is here to help you solve whatever legal challenge you are facing.
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