Do I have to make full statutorily required financial disclosures in mediation?
/Not necessarily, although it is best practice. Under Marriage of Woolsey, parties who agree to settle disputes by private mediation may also agree to make financial disclosures that do not meet the technical procedural disclosure requirements of Fam C §§2104 and 2105.
The Court found that "the parties to a dissolution are entitled to adopt other, more summary procedures for financial disclosure." The Court found that requiring technical compliance with disclosure rules would undermine the strong public policy of allowing parties to choose speedy and less costly avenues for resolving their disputes. This means that strict compliance with Fam C §§2104 and 2105 is not required for private mediations.