What is the purpose of a Form E?
Form E is a financial statement which is completed and signed by each party to a divorce when they are exchanging financial disclosure. It is most commonly used in the following scenarios:
- In advance of the First Appointment in financial remedy court proceedings. The First Appointment is the first court hearing which usually takes place around 3 months after proceedings are issued.
- When the parties wish to exchange financial disclosure through their solicitors with a view to negotiating a financial settlement.
- When the parties are in mediation with a view to agreeing a financial settlement
What is included within a Form E?
Form E is a comprehensive document that requires the parties to set out their financial circumstances, with supporting documents.
Details of the following are required to complete Form E:
- Date of marriage
- Children of the family
- Financial resources – details of all properties, bank accounts, investments, liabilities, business assets, income etc.
- Capital and income needs
- An indication of the section 25 factors relevant to the case such as contributions and conduct
- If known, the financial orders sought.
When completing Form E, the parties have an obligation to the court to give full, frank and clear disclosure
Who needs to fill out a Form E?
Both parties to the divorce will need to complete the Form E so that there can be a global understanding as to the asset and income position.
Where can a Form E be obtained?
Your solicitor or mediator will provide you with a blank Form E for completion. Alternatively, you can obtain a copy from the Gov.uk website here
Rayden Solicitors is a specialist family law firm with offices in St Albans, Berkhamsted and Beaconsfield. If you require any assistance please do not hesitate to contact one of our specialists on 01727 734260.