What is financial disclosure?
Financial disclosure is the process of giving your spouse/partner and the court full details of your personal financial circumstances and your anticipated future needs. The following incudes the financial information you will need to disclose with on Form E.
What information do I need to provide in financial disclosure?
You and your spouse/partner need to complete a Form E financial statement, the following information and documentation need to be disclosed:
- Bank Accounts
- Real Property
- Building Society Accounts
- Endowment Policies
- Life Policies
- Loans
- Loans made to you e.g finance agreements
- In favour of you
- Between you and the other party
- Investments such as:
- Shares portfolios
- ISA’s
- Bonds & Stocks
- National Savings & Investments
- Unit and investment trusts
- Gilts and business expansion schemes
- Other liabilities, including:
- Credit Cards
- Store Cards
- Business interests
- Directors Loan Account
- Company Directorships
- Pensions
- Share option schemes
- Personal Possessions such as:
- Cars
- Jewellery
- Furniture
- Art
- Yachts/boats
- Racehorses
- Income, including:
- Income from salary
- Bonuses (mandatory or discretionary)
- Self-employed income
- Partnership Income
- Income form Company directorship
- Rental income
- Trust interests inc income and capital
- Tax inc tax bills and estimated CGT
- Welfare Benefits
Contact Us
At David Gray Solicitors our expert Family Solicitors are here to offer specific tailored advice to assist you in navigating this complex area of law. Call 0191 232 9547 to make an appointment.
