The Court Financial Statement Form is a crucial document in the English and Welsh legal system, primarily used in divorce and financial remedy proceedings. It requires parties to provide full and frank disclosure of their financial position, including all assets, liabilities, income, and expenditure. This comprehensive form helps courts make informed decisions about financial settlements and ensures transparency between parties. The document must be completed accurately and truthfully, with supporting evidence such as bank statements, property valuations, and pension details attached. False statements can result in serious legal consequences, including potential contempt of court.
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1. Personal Details: Basic information including name, address, date of birth, and occupation
2. Financial Summary: Overview of assets, liabilities, income, and expenditure
3. Property Information: Details of all property interests including family home and other real estate
4. Income Details: All sources of income including employment, benefits, and investments
5. Capital Assets: Bank accounts, investments, vehicles, and other valuable items
6. Liabilities: All debts, loans, and financial obligations
1. Children's Information: Details about dependent children - required when children are involved in the proceedings
2. Business Interests: Details of any business ownership or interests - required when party owns or has interest in any business
3. Pension Information: Details of pension arrangements - required when party has pension arrangements
1. Bank Statements: Last 12 months of statements for all accounts
2. Property Valuations: Recent valuations of all properties
3. Salary Documentation: P60s, payslips, and employment contracts
4. Investment Statements: Documentation of all investments and their current values
5. Mortgage Statements: Current mortgage statements for all properties
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