(a) When Required. In any domestic relations action in which the financial condition of a party is relevant or is an issue to be considered by the court, a current financial declaration in the form prescribed by the Supreme Court shall be served and filed by all parties. (b) Filing and Service. Financial declarations shall be filed and served prior to or at the first hearing, or no later than 45 days after the complaint is served, whichever occurs first. (c) Effect of Default. If the defendant fails to timely answer or otherwise plead, the plaintiff shall not be required to serve a financial declaration on the defendant prior to the final hearing. (d) Sanctions. Reasonable sanctions may be imposed upon an attorney or a party for willful noncompliance with this rule.