Form E is the document which you and your spouse are required to complete if either of you applies to court about financial matters arising from a divorce or dissolution. It is a detailed document which is used to set out information about your financial position.
Form E is also frequently used by family solicitors as the means of providing financial information when there are no court proceedings as it ensures that both people give the same amount of detail about their financial position.
The process of providing financial information when you are going through a divorce is known as disclosure. When this financial disclosure is done without court proceedings it is known as voluntary disclosure.
The form E requires you to provide details of your income, assets and pension position. Assets include property, savings, and other capital investments. Income from all sources must also be disclosed and you also need to set out an estimate of your future outgoings.
You are required to attach to the Form E documents which evidence the figures you have detailed including 12 months of statements for all of your bank accounts. You need to provide documents detailing all of your savings, income from work or your business, plus assets such as any property, insurance, pension or endowments.
For a comprehensive list of documents that you should provide for financial disclosure see our blog: What documents do I need to provide for Financial Disclosure?
If you or your spouse has a new partner you can be required to provide basic information about their financial position if it is within your knowledge. Your Divorce Solicitor will be able to advise you fully on Finances on Separation.
At first the Form E can seem a daunting document to complete. Not all of the sections, however, will be relevant to everyone. If you are able to complete as much of this document yourself and respond promptly to requests from your Divorce Solicitor for additional information it will ensure you don’t incur unnecessary legal costs.
Vicki McLynn is a Family Lawyer at Slater and Gordon UK.
For an initial consultation call Slater and Gordon Lawyers UK on freephone 0800 916 9055 or contact us online and we will call you.