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Whats the difference between income needs and capital needs?

Financial needs can be divided broadly into capital need and income needs. Capital needs are most often for a home, furnishings and a car. Income needs is the amount of money each party requires to live on each month.

Do I have to fill in a financial statement?

You only fill in this section if you own part or all of a business. If you are self employed, you must fill in this section. If you have an accountant, they may be able to help you with the information you need to complete it. You do not need to provide details about the income you get from your business here.

What is Form E divorce UK?

A Form E is a detailed form setting out your financial details, including the needs of yourself and the children. Both you and your spouse have a duty to provide full and frank disclosure in your Form E, giving full details of all your finances including; capital, income and pensions.

How to fill out Form E?

2:10 32:52 It I put my name in this box as it is my financial statement. I was married. So I took the spouseMoreIt I put my name in this box as it is my financial statement. I was married. So I took the spouse box and for now Im going to leave the date blank as this should be the date you finish the form.

How do solicitors exchange Form E?

A Form E can be ordered to be completed by the Court or if the parties are going through mediation, in the hope to avoid court proceedings, then the Form E is completed and exchanged via the mediator.

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